Published 1 year ago

FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say

Summary by NDTV

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said.

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Times of India

FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say

FTX also disclosed that more than $3.2 billion was transferred through payments and loans to company founders and key employees. These payments were made chiefly from Alameda Research hedge fund. FTX said the transfers did not include over $240 million spent to purchase luxury property in the Bahamas, political and charitable donations made directly by the FTX debtors, and substantial transfers

1 year ago·India

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The Guardian

Sam Bankman-Fried received $2.2bn from FTX-linked entities, say court filings

Disgraced crypto poster boy and five of his inner circle transferred $3.2bn into personal accounts, allege new management

1 year ago·London, United Kingdom

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NDTV

FTX Transferred $2.2 Billion To Sam Bankman-Fried, Says New Manager

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said.

1 year ago·New Delhi, India

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Sydney Morning Herald

Sam Bankman-Fried said to have received $3.3b from FTX entities

Founders and key employees of the collapsed FTX group of crypto firms received nearly $5 billion in payments and loans, according to court filings.

1 year ago·Sydney, Australia

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New York Post

FTX funneled $3.2B to Sam Bankman-Fried, other execs: court filing

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said.

1 year ago·New York, United States

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Channel News Asia

FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said.Overall more than $3.2 billion was transferred through payments and loans to company founders and key employees, FTX said in a statemen

1 year ago·Singapore

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