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FFFacts

08/19/23 10:43 AM

#764189 RE: Louie_Louie #764184

Warrants are currently irrelevant as the treaury currently owns the entire net worth because of its liquidation preference. Do you know what that means?
Unless the treasury willingly restructures its stake, wants to cash out, or there is a legal path to nullifying its stake nothing will happen. The net worth sweep didn't really stop it is still accumulating dollar for dollar which scotus could not understand because this shit is so novel and complicated.