Sam Bankman-Fried, founder and CEO of the troubled cryptocurrency exchange FTX, appears to have retracted his words about the safety of client holdings on FTX.
Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”
FTX CEO took to Twitter to post the thread of four different tweets on Nov. 7, claiming that FTX had “enough to cover all client holdings.” Bankman-Fried also stated that the firm didn’t invest client assets and has been processing all withdrawals and “will continue to be.”
“We have a long history of safeguarding client assets, and that remains true today,” one now-deleted tweet said.
The now-deleted flood of SBF, screenshot source: Crypto Slash
According to multiple sources on Twitter, FTX CEO removed