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Where Did FTX's Money Go? Crypto Investigators Offer New Clues

Por: Time Tech December 22, 2022

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The seemed to materialize out of nowhere: Within one week in November, FTX transformed from one of the most respected and trusted parts of the crypto industry to a bankrupt disgrace that lost more than $8 billion of its customers’ money, according to authorities. Large chunks of the money went to pay off risky bets made by Alameda Research—the hedge fund started by FTX’s founder Sam Bankman-Fried. But increasing evidence suggests that the... + full article



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