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FTX Executives Expressed Concern Over Use of Customer Funds, Documents Show

Por: The New York Times Business January 18, 2023

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A few weeks before FTX collapsed, a top executive at the cryptocurrency exchange met with its founder, Sam Bankman-Fried, to express a gnawing concern.The executive had recently learned that Alameda Research, the crypto trading company that Mr. Bankman-Fried also founded, had borrowed roughly $13 billion from FTX. Alameda was in trouble: The firm had just recorded a loss of about $5 billion, which appeared to include money that FTX’s customers... + full article



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