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SBF: Both Alameda and FTX can avoid bankruptcy.

Sep 12, 2024 21:26:10

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ChainCatcher news, according to market news, SBF's trial is ongoing. SBF stated in court: "Alameda can avoid bankruptcy, and FTX can also avoid bankruptcy. Alameda's earnings have been lost, its leverage has exceeded the appropriate level, and it had to liquidate to cope with FTX's run. Then it was shut down, and FTX would ultimately survive, but Alameda might not."

SBF: Both Alameda and FTX can avoid bankruptcy.

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