Re:FTX Balance Sheet
by Marazan on Sunday November 13, 2022 @02:45AM
(#33580934)
Ah, I think FT story made a mistake, it isn't 2.2 billion dollars of SRM, it is 2.2 billion tokens. Biiiiiiiiig difference.
[ Parent
| on HN ]
It’s 2.2 billion dollars - but it’s using fully diluted value rather than circulating supply market cap.
Yeah, you are right. That is still bonkers crazy nuts.