FTX Collapse and EA's Public Credibility - Footnote 2
WRONG NUMBERS: The claim states that approximately $8.9 billion in customer funds had been misappropriated, while the source states that the balance sheet listed $9 billion in liabilities and $900 million in assets, with poorly labeled entries showing a negative $8 billion balance. UNSUPPORTED: The claim that FTX served over one million users is not supported by the provided source. UNSUPPORTED: The claim that John Ray III described the situation as representing a failure of corporate controls across his entire career is not supported by the provided source.
Our claim
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Source evidence
1 src · 1 checkNoteWRONG NUMBERS: The claim states that approximately $8.9 billion in customer funds had been misappropriated, while the source states that the balance sheet listed $9 billion in liabilities and $900 million in assets, with poorly labeled entries showing a negative $8 billion balance. UNSUPPORTED: The claim that FTX served over one million users is not supported by the provided source. UNSUPPORTED: The claim that John Ray III described the situation as representing a failure of corporate controls across his entire career is not supported by the provided source.