Dear @SBF_FTX. This is not a balance sheet. A balance sheet doesn’t record “balances”, it records assets on one side of the sheet and liabilities plus equity on the other. The “balance” is whether the totals on the two sides agree. #basicaccounting pic.twitter.com/WqabBjmLli
— Frances ‘Cassandra’ Coppola (@Frances_Coppola) January 20, 2023
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Dive into said