FTX Collapse and EA's Public Credibility - Footnote 2
1 evidence check
Last checked: 4/3/2026
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.
Evidence — 1 source, 1 check
Note: 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.
Debug info
Record type: citation
Record ID: page:ftx-collapse-and-ea-public-credibility:fn2