‘FTX is fine’: Sam Bankman-Fried spawns a storm of memes amid rumors of insolvency

A leaked balance sheet and a Twitter spat between SBF and CZ have left some worried that FTX could be the next crypto implosion. Wait, what?

On Monday morning, Sam Bankman-Fried, the whiz behind the curtain at crypto trading firm Alameda Research and the founder of the world’s second-biggest crypto exchange platform, FTX, tweeted out to his followers: “A competitor is trying to go after us with false rumors. FTX is fine. Assets are fine.”

Read Full Story