The Hole on the FTX Balance Sheet Remains Gaping
The Breakdown
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What's the Alameda Side of This?
FTX appeared to be the target of a cyber attack, with the website being disabled and customer balance is becoming inaccessible for users. FTX said that this process involved reviewing 120 billion rows of user transaction data, 14 million wallet addresses, and revealed quote, abnormal internal user accounts. Of the located assets, only about one-third of it is in cash or liquid cryptocurrencies. The remaining two-thirds is in Sam coins, including the astounding one billion in maps.
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Transcript
