Eli Goldfine
@realTomBayes
miscalibrated superforecasting @supercycleblog, 14yo. futarchy/acc.
Joined November 2024
447 Following 901 Followers
FTX is in the middle of a brutal bank run.
John Ray files Chapter 11.
Ten minutes later, the final funding commitment arrives — enough to cover the entire shortfall. The bankruptcy can’t be undone.
Three years on: 98% of customers repaid in full, with 20% interest.
The money was never stolen. It was temporarily illiquid during a bank run, the same condition that collapsed Silicon Valley Bank in 2023.
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