FOXNEWS FOX and Friends Sunday June 4, 2024 12:45:00
Money or borrowed against that money and, ultimately, somebody goes, you know what? mcbucks aren't worth anything, and then this whole thing palls apart. pete: yes. will: that's where we are now. how does the whole thing begin to fall apart, pete in. pete: all right. where a's the next slide? what happened was none of this was transparent until there was a leaked balance sheet out of alameda that showed that the majority of its balance was in ftx borrowings from holders who had put their money in there. so someone knew books were being cooked and leaked that balance sheet, and it started to ca...