TechFlow news — SBF posted on his personal social media platform:
1. FTX International's current total market value of assets/collateral exceeds customer deposits (subject to price fluctuations). However, this is different from deliverable liquidity—as evident from withdrawal status, liquidity has varied significantly and become extremely limited.
2. This concerns only FTX INTERNATIONAL, the non-U.S. exchange. FTX US users have not encountered any issues.
3. Actual leverage: 1.7x
4. We are spending a week doing everything we can to improve liquidity. We are negotiating with many participants, including letters of intent, term sheets, etc.
5. Alameda Research is winding down trading in some way. They haven't done any of the strange things I've seen on Twitter. Soon they will no longer be trading on FTX.
6. Under any scenario where FTX continues operating, the top priority will be full transparency—transparency that perhaps should always have been provided, aiming for on-chain-level transparency as much as possible.
7. At some point, I might have more to say about a particular sparring partner. For now, I just want to say: well played, you won.
