Ex-FTX COO Constance Wang says shortfall was about $8 billion
- —Wang first saw the roughly $8 billion shortfall at a crisis meeting during FTX's collapse
- —Customers withdrew about $6 billion over 72 hours
- —Wang's personal FTX holdings fell from over $1 billion to about $80,000
- —Wang co-founded trading platform Pacifica in 2025; it handles $10 billion in monthly volume
Why it matters: Testimony from FTX executives clarifies the scale of the balance-sheet hole and the mechanics of the collapse, key for court cases and exchange trust.
Source: TokenPost