Re:Bankman-Fried's Shrinking ‘$250M Bond’
by anonymoushn on Friday December 23, 2022 @01:33PM
(#34109126)
Where are you getting this $2B figure? The claimed "liquidity shortfall" was $8-10B and most of the assets (MAPS, SRM, OXY, FTT) are worthless. I would expect people in the FTX creditors telegram group for example to post about it if there was news that caused the expected value of our claims to increase from 10-30c to 80c.
The "billions destroyed" seems more likely to refer to the general "destruction" of nominal wealth which, I posit, wasn't real to begin with.