FORTUNE - FTX was not, in fact, fine

FTX was not, in fact, fine.⁠⁠SBF, the founder and now former CEO of cryptocurrency exchange FTX, wrote in a since-deleted tweet on Nov. 7 that his company and its assets were “fine.” ⁠⁠In the same tweet, he claimed that his exchange had “enough to cover all client holdings” because it did not “invest client assets.”⁠⁠Days later, SBF was proven wrong in spectacular fashion. ⁠🔗 Read the full story by clicking the link in bio.⁠
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