The FTX examiner report has been released, revealing significant findings about the company's operations and financial dealings. According to the report, FTX Group paid $25 million to settle whistleblowers' claims, which included allegations of market manipulation. Additionally, it was disclosed that key individuals within the company, such as Tabasco, were aware of the financial discrepancies in Alameda's balance sheet as early as 2019 and attempted to keep this information secret. The report also cleared S&C of wrongdoing but raised questions about Fenwick & West's knowledge of the fraud. In a related development, the FTX estate has finalized the sale of its remaining locked $SOL assets, with the final auction clearing and the assets being sold to Pantera Capital and Figure Markets, despite creditors' concerns about the discounts provided to the buyers.
FTX paid $25m to whistleblowers before bankruptcy https://t.co/J9ovwX2FWa
Fenwick & West lawyers were “directly involved” in FTX’s efforts to blur its relationship with a sister hedge fund before the massive crypto exchange went bust, according to a court approved examiner. https://t.co/OXUfUzk6mZ
Yesterday the independent examiner in the FTX bankruptcy released his report. https://t.co/k1XFAz71iU This was an exciting section of the table of contents... https://t.co/COLKoa9EzB
The FTX estate has sold its remaining $SOL bag to @PanteraCapital and @FigureMarkets while creditors took issue with the discount provided to the buyers. https://t.co/w1p2ZDcDNB
FTX Examiner Clears S&C, Questions Fenwick's Knowledge of Fraud https://t.co/vCcrKT7uo9
Hearing from multiple sources (actual buyers) that the FTX estate is officially out of locked $SOL with this last auction clearing.
ftx estate finalizes locked $sol sales floor price of ~ $100 with massive size lfg https://t.co/48lO8o78fO
#FTX Examiner report - talk about a nothing burger
[THE BLOCK] #FTX Group paid $25 million to settle whistleblowers' claims, including market manipulation allegations: examiner's report
FTX Group paid $25 million to settle whistleblowers' claims, including market manipulation allegations: examiner's report https://t.co/b62Ygc1q5a
FTX examiner report has been released. Wowza, there goes my productivity this afternoon. See this thread: https://t.co/LK3FzxZHem
Reading the FTX examiner report, a thread: Tabasco knew about the hole in the balance sheet of Alameda and the need to keep it secret as early as 2019. Jail https://t.co/bLaUtPHsYd