US billionaire deletes tweet praising former FTX boss

"Most of the companies affiliated with FTX went bankrupt, except for LedgerX, FTX Digital Market Ltd, FTX Australia Pty Ltd and FTX Express Pty Ltd," Forbes said.

John J Ray III as the attorney who had handled the Enron energy company scandal, was appointed to replace SBF and will continue to assist in this transition process.

"Initial assistance from the bankruptcy declaration is an appropriate step to provide an opportunity for FTX to be able to return stakeholder funds as much as possible," bearing in mind that FTX has valuable assets that can only be obtained as a group, Ray said.However, SBF admitted that it was not aware of FTX falling quickly. But he also adds that this is not the end of FTX.

"It's not the end of the company or that they can't provide value and money to users," said Sam Bankman-Fried. The

crypto market is down by 20 percent in just a week, Bitcoin is down 4 percent to $16,600 at 9:45 a.m. EST, while Ether fell 5 percent to $1,230.FTX's liquidity crisis is quite severe considering that on Sunday there was a withdrawal of around US$ 5 billion after the appearance of Changpeng Zhao's tweet that he would sell all of his tokenized FTX assets.

FTX has been getting worse since Binance, which agreed to buy this company, withdrew its decision the next day. On Friday, FTX officially went bankrupt.

US Billionaire Praises SBFPreviously Bills Ackman, praised SBF for their courageous attitude and great responsibility.

"I've never seen a CEO who is responsible like that," he said, quoted from Protos.Ackman himself runs investment firm Pershing Square, which is famous for the feud that shorted bonds owned by insurance company MBIA during the 2008 economic crisis and short holdings of Herbalife's US$1 billion stock. This company is known to use pyramid schemes or MLM.

After giving praise, SBF replied, "Keep fighting, as best you can, for users," said SBF.Not long after the reply from SBF, and much ridicule on Twitter and finally Ackman deleted the post.

Both were silent from the world of Twitter. However, Ackman is active again while SBF prefers to remain silent after speaking with his attorneys.

Previously, Sam Bankman-Fried was known to be one of the richest people in the world with a net worth of US $ 15 billion or 8 times Ackman's wealth.

However, due to problems with FTX and Alameda Research, which were suspected of playing with user funds, SBF, the former FTX boss, has now fallen into poverty. And now of course Ackman's treasure far outweighs the SBF's.