TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Maximizing FTX Recoveries – Management and committee meeting [pdf]

55 pointsby aoristover 2 years ago

13 comments

thinkingkongover 2 years ago
I suspect that this limit was just the Max value of whatever number format they were using was. The chances of it not really being 65536 are fairly low. Its just too coincidental.
评论 #34470921 未加载
ftxbroover 2 years ago
So people are guessing what the number is from, I will guess too. I never really worked at ftx you guys. It&#x27;s a work of parody etc.<p><pre><code> &gt; be me &gt; new employee at ftx bahamas office &gt; sbf is busy in dc doing effective altruism &gt; polycule ppl just got text from him &gt; tfw not in polycule &gt; sbf got a text from caroline &gt; we have to double alameda&#x27;s credit line again &gt; guess that&#x27;s my job now &gt; open excel spreadsheet &gt; they are planning to convert it to python soon &gt; find &quot;borrow&quot; column &gt; dozens of accounts have millions of dollars of credit &gt; find the alameda borrow entry &gt; feels goodman.jpg &gt; 32678000000e-3 &gt; wtf is that &gt; it&#x27;s 32678000000 mils divided by a thousand &gt; a mil is a tenth of a cent, it&#x27;s finance jargon used by exchanges &gt; the e-3 at the end is scientific notation to divide by a thousand &gt; $32,678,000 &gt; they&#x27;ve been doubling it by hand while high on stimulants &gt; last time they mixed up the 6 and 7 &gt; bigbraintime.png &gt; i can just put parentheses around it and multiply by two &gt; leave it like that in the excel cell &gt; 32678000000e-3 &gt; (32678000000-3)*2 &gt; sbf texted again he says we solved caroline&#x27;s problem &gt; success.png &gt; $65,355,999,994</code></pre>
Centigonalover 2 years ago
hahahaha holy shit<p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=34373113" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=34373113</a>
评论 #34470903 未加载
dangover 2 years ago
Submitted title was &quot;Alameda Research&#x27;s borrowing limit from FTX was $65,355,999,994&quot;, which broke the site guidelines (see <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;newsguidelines.html" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;newsguidelines.html</a>).<p>If you want to say what you think is important about an article, that&#x27;s fine, but do it by adding a comment to the thread. Then your view will be on a level playing field with everyone else&#x27;s: <a href="https:&#x2F;&#x2F;hn.algolia.com&#x2F;?dateRange=all&amp;page=0&amp;prefix=false&amp;sort=byDate&amp;type=comment&amp;query=%22level%20playing%20field%22%20by:dang" rel="nofollow">https:&#x2F;&#x2F;hn.algolia.com&#x2F;?dateRange=all&amp;page=0&amp;prefix=false&amp;so...</a>
anigbrowlover 2 years ago
Bet he wishes he&#x27;d stuck with 32-bit unsigned integers
jvansover 2 years ago
Someone find the memo from sbf demanding a switch to 128 bit longs
评论 #34471429 未加载
dgrin91over 2 years ago
Does anyone know what the AWS environment mentioned here is? It doesn&#x27;t really make sense for it to be Amazon AWS, or am I just overthinking it?
评论 #34470761 未加载
评论 #34470707 未加载
Imnimoover 2 years ago
Has someone tried just getting SBF into a Twitter Space and asking him what the significance of this particular number is?
评论 #34472847 未加载
jzymbalukover 2 years ago
65 billion? That feels like an absurdly high number. The scale of these companies are mind-boggling
评论 #34470532 未加载
评论 #34470669 未加载
chedokuover 2 years ago
Is it a screenshot from a smart contract? Why $65,355,999,994?
评论 #34469780 未加载
mr90210over 2 years ago
When your programmer is also a thief.<p>const FTX_LIMIT = Infinity;
hgsgmover 2 years ago
Where is that number? I only see $65B
评论 #34470784 未加载
评论 #34470824 未加载
wolverine876over 2 years ago
[PDF]