The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 8 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bankman-Fried: FTX's revenue is clean, clear, and completely transparent
“When you talk about, like, recurring revenue, like, there's sort of, like, doesn't exist a clearer example of that than, like, you know, I don't know, we have volume each day, and we charge a transaction fee on it, right? It's incredibly clean, right? People a…”
Bankman-Fried: FTX ranks third globally by volume and second by open interest
“Today, we are the third biggest by volume. We're the second biggest by open interest and actually pretty close to first, I just realized.”
Bankman-Fried: FTX typically processes $15B in daily global volume
“And I, you know, we have fifteen billion dollars of volume globally in the last day. That, that's about typical for us. You know, that, that's typically where we are.”
Gilbert: EnronOnline Launched in November 1999 as Counterparty to Every Trade
“In November of 99, they launched something called Enron Online, and what this is, is it allows all of Enron's counterparties to trade with them electronically. So they stand up and exchange, like an exchange you can access through a web browser, much like FTX,…”
Gilbert: FTX grew trading volume 10x in H1 2021 alone
“And found out that they actually 10 X just in the first half of 2021.”
Gabriele: FTX headcount neared 200 employees by late 2021
“I think it is, you know, just pushing 200, and when I sort of wrote my pieces in, in summer it was closer to, I want to say, 70, 75.”