‘I didn’t steal funds’ says former crypto titan Bankman-Fried
Posted: Sat Jan 14, 2023 5:24 am
‘I didn’t steal funds’ says former crypto titan Bankman-Fried
https://www.aljazeera.com/economy/2023/ ... kman-fried
Sam Bankman-Fried has said he did not steal money and blamed the collapse of his now-bankrupt FTX exchange on a broad crash in cryptocurrency markets, in a highly unusual blog post, a month after his arrest on US fraud charges.
Federal prosecutors in Manhattan in December said Bankman-Fried stole billions of dollars from FTX customers to pay debts for his cryptocurrency-focused hedge fund, Alameda Research, buy lavish real estate, and donate to US political campaigns.
https://www.aljazeera.com/economy/2023/ ... kman-fried
Sam Bankman-Fried has said he did not steal money and blamed the collapse of his now-bankrupt FTX exchange on a broad crash in cryptocurrency markets, in a highly unusual blog post, a month after his arrest on US fraud charges.
Federal prosecutors in Manhattan in December said Bankman-Fried stole billions of dollars from FTX customers to pay debts for his cryptocurrency-focused hedge fund, Alameda Research, buy lavish real estate, and donate to US political campaigns.