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FTX's $8.7 Billion Debt Is Based on Crypto Prices
FTX has concluded it owes customers $8.7 billion, which is based on current prices. The day of the bankruptcy filing was November 11th, 2022. We think there's a lot of shit coin out there and we don't really know where they're coming up with those numbers. John even asked me like, Tom, what should I do with all the locks? It'll be a big question mark.