Birdwatch Archive

Birdwatch Note Rating

2024-03-31 02:41:43 UTC - NOT_HELPFUL

Rated by Participant: F4D6D25653ABF1BC7D0C163C5EFA459629B858F50AAA852729B582AD9EDFC336
Participant Details

Original Note:

FTX was only valued at $32B based on fraudulent accounting that treated transactions with its affiliated hedge fund incorrectly. The valuation was based on false accounting, and the false accounting relied on related party transactions with the hedge fund. https://www.investopedia.com/what-went-wrong-with-ftx-6828447

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All Information

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