Birdwatch Note Rating
2022-11-25 08:37:34 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E156A70F09B3980C6FC4B6A33A9E93F911FA3FF7CA6F35F7573917FA3B70E571
Participant Details
Original Note:
FTX's own Terms of Service dictated that FTX needed to hold customers assets backed 1:1. A bank run is not possible when assets are held 1:1. In addition, this journalist writes for an outlet owned by SBF, so she is not a reliable source. https://www.crunchbase.com/organization/semafor/company_financials
All Note Details