TechFlow news, November 7 — FTX founder SBF took to Twitter stating that competitors are attempting to attack us with false rumors. FTX has no issues and holds sufficient assets to fully cover all customer holdings. We do not commingle or invest customer funds—even into government bonds—and have been processing all withdrawals without interruption. FTX is strictly regulated, which may slow us down, but we maintain GAAP-compliant audits, hold over $1 billion in excess cash, and have a long-standing history of safeguarding customer assets. In the tweet, SBF tagged Binance CEO CZ, adding: "I’d love it if we could work together for the ecosystem."
Add to Favorites
Share to Social Media
