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Analysis of FTX's calamitous balance sheet and Serum, a coin and protocol created by FTX, marked as the largest "deliverable" asset at ~$5.4B before November 8 (Matt Levine/Bloomberg) https://ift.tt/XMKwTme

Matt Levine / Bloomberg:
Analysis of FTX's calamitous balance sheet and Serum, a coin and protocol created by FTX, marked as the largest “deliverable” asset at ~$5.4B before November 8  —  The box  —  There is so much, but I want to start with Serum.  —  If a troubled company has a few days …



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