FTX Transferred $2.2 Billion to Sam Bankman-Fried via Alameda Research and Related Entities, New Managers Say
Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion (roughly Rs. 18,200 crore) to company founder Sam Bankman-Fried through related entities, the company’s new management said. Overall more than $3.2 billion (roughly Rs. 26,560 crore) was transferred through payments and loans to company founders and key employees, FTX said in a statement on Wednesday. … Read more