SBF: Both Alameda and FTX can avoid bankruptcy
The trial of SBF is currently underway. SBF stated in court: "Alameda can avoid bankruptcy, and FTX can also avoid bankruptcy. Alameda's profits have been lost, and its leverage ratio has exceeded the appropriate level, forcing it to liquidate to deal with FTX's squeeze. Then it will be closed, and FTX will eventually survive, but Alameda may not."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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