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‘Misused with Wild Abandon’: How FTX Reportedly Exploited Some $US8.7 Billion in User Funds
Ever since the ill-fated crypto exchange FTX imploded last year, evidence has been building of rampant criminal activity on the part of the firm’s top executives. A new report on the company’s finances published Monday does nothing to dispel that notion, revealing instead new allegations about how the failed exchange misspent billions in customer funds,…