In contrast to Sam Bankman Fried’s recent claims that he wasn’t aware of Alameda’s position, Forbes recently released its communication with SBF when drafting their billionaires’ list, indicating that he was well versed in Alameda’s finances. I was only surface-level aware of Alameda’s finances,” SBF stated during the interview. FTT holdings were down to 176 million tokens; Solana was down to 53 million. SBF again guided Forbes through his net worth two months before FTX collapsed, providing a table of FTX and FTX U.S.’ largest shareholders. At the time, Bankman-Fried’s management share of Alameda’s funds totaled $8.6 billion, or $6.4 billion, counting only unlocked tokens.

Source: Forbes December 02, 2022 22:30 UTC