Conversation

SBF
@SBF_FTX
1) Some FTX facts today: a) I don't think we had any downtime, which was great! And markets were decently liquid all things considered. b) Withdrawals are ~1 hour backlogged, sorry -- we have ratelimts on #/sec to process, we'll take those up. (also, you know, gas.)
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SBF
@SBF_FTX
2) c) FTX has never clawed back anyone from liquidations of others. We have, once in a while, ADL'ed, though those fills are at market or better. But we never want to do that. So we've jacked up BLP capacity to prevent it in the future.
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SBF
@SBF_FTX
3) And for anyone who got ADL'ed, today, we've just compensated your accounts with USD: --if the ADL was good marked to now, you kept it --if the ADL was bad marked to now, you got USD equal to the difference in market prices
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