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‘Such is Life:’ FTX Says SBF and Execs Joked About Misplacing Millions of Dollars
Former crypto golden boy Sam Bankman-Fried’s calamitous time at his former exchange FTX was even more haphazard and ludicrous than previously stated. FTX’s latest bankruptcy report filed Sunday adds additional fuel to the still-smouldering questions regarding just how greedy and corrupt its former executives were before the crypto exchange eventually collapsed.
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FTX Confirms $AU13 Billion in Customer Funds Vanished
The folks handling the ongoing FTX bankruptcy admitted Thursday it is still on the hook for around $US9 ($AU13) billion in customer funds that it simply cannot locate under the morass of financials left over from the exchange’s collapse.
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CEOs Who Might Replace Elon Musk at Twitter, Ranked
We rank the likeliest candidates to get an offer.
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Missing Money, Crypto Houses, and Emoji Payments: Here’s the Most Batshit Revelations From FTX’s Latest Bankruptcy Filing
Once upon a time, the cryptocurrency exchange FTX was a jewel of the web3 world. Now, in the span of a week, its reputation has transformed from shooting star to sinking ship. After admitting to mismanaging large amounts of customer money, the exchange’s founder and CEO, Sam Bankman-Fried (also known by his initials “SBF”) ignominiously…