The FTX balance sheet is really something$1.6 billion worth of Bitcoin owed to customers, with only $1m there in reality
Rough NFA breakdown of what liquidators have found so far across all silos
-$3.5b in 'liquid' coins
-$1.7b cash
-$800m 'illiquid' coins (SRM, MAPS etc aka zero)
-$500m FTT (zero)
-$250m stonks (mostly GBTC)
-$4.5b book value venture investments (worth who knows in reality)
~$5.5b 'liquid' assets
~$11.5b customer liabilities
@Bitcoin_Insights
