EXPLAINED: FTX vs. Sam Bankman-Fried On Crypto Firm’s Real Financial Standing

FTX debtors confirms $415-million hack and shortfall of customer funds but Sam Bankman-Fried insists the shortfall “claims are wrong.” Court filings by the restructuring team at the defunct crypto exchange FTX have shed more light into the financial position of the firm, essentially claiming that there are “material shortfalls” in customer funds for both the … Continue reading EXPLAINED: FTX vs. Sam Bankman-Fried On Crypto Firm’s Real Financial Standing