
The worst week in crypto history... so far.
Many Happy Returns
The FT's Balance Sheet - Hidden Poorly Labeled Fiat Account
The FT's Matt Levine wrote a whole column about yesterday. He said the company had maybe as little as $900 billion in liquid-cellable assets versus $9 billion of liabilities. The question is how did they get into this state right where there's this massive black hole in their balance sheet?
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