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Published 10 months ago

Former top FTX, improper diversion due to suspicion of flexibility of customer funds “I didn't know”

Summary by Reuters
[Washington 1st Reuters] - Former Chief Executive Officer Sam Bankman Freed, founder of FTX Trading, a major crypto asset (virtual currency) exchange business that has gone bankrupt, said he did not know that FTX customer funds had been transferred to the related investment company Alameda Research. I told it in an interview with ABC News broadcast on the 1st. Bankman Freed made it clear at an event hosted by the US newspaper The New York Times …

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