FTX held $900M against $9B in obligations - 10%.
that’s well above what the bank reserve requirement of 0%.
wait til normies find out about that SBF had more customer capital on hand than the reserves held by traditional banks.
bank runs could come once they wake up…
liquidity drying up everywhere.
2023=7
Finality
Jan, 31, 2021
01:31=5
2021=5
55.......and done
☺️
