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Unusual Whales Pod Ep 14: Unusual Whales asks SBF about Customer Deposits, FTX, Alameda and Fraud

Unusual Whales

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How Did You Calculate That Collateral Value?

I think there's a big difference between those two scenarios because in one, it was like a manipulated price. In the other, it's a less liquid price. I wasn't involved much in this process. There were, um, various things for some large accounts that we were thinking about implementing. So my question is, did you apply the same collateral valuation equally to everybody on the FTX platform, or were there any exemptions on how that process was, I guess, fairly put into place? We don't know exactly where all of those got to. Um, and, uh, I'm unfortunately gonna have to give the same, unconfident one now, which is that like,

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