'It can be challenging for companies – especially in the cash-strapped media industry – to untangle their financial relationships. But it seems a necessary step; FTX’s ability to pay its debts and make customers whole depends on it.' Opinion DanielGKuhn
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullThe rest, presumably, were misappropriated funds from customers and financiers – FTX, since its founding, had raised at least $2 billion . This is just one leg of the case brought by
Ethically, however, things could not be more clear: Anyone who took funds from Bankman-Fried should feel compelled to return them. Upward of a million customers were affected by the collapse of FTX. Their money was likely misappropriated to fuel one of the largest financial frauds in history. If
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