Sam Bankman-Fried and Insiders Took $3.2M from FTX: Filings

by Aurelia Butler 16 March 2023, 12:00 99 Views

On Wednesday, new FTX management and the affiliated debtors filed schedules and statements of financial affairs with the bankruptcy court. The statements reveal that FTX entities gave $2.2 billion in loans to founder Sam Bankman-Fried.

These transfers were part of a total of $3.2 billion in payments and loans to FTX founders and key employees. The majority of…

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Source: Cryptocurrency - investing.com

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Sam Bankman-Fried and Insiders Took $3.2M from FTX: Filings

Scam alert: $300K stolen by fake Blur airdrop websites

U.S. weekly jobless claims fall more than expected

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