According to a customer presentation, ex-FTX CEO Sam Bankman-Fried allegedly let Alameda borrow $9.3 billion from customer accounts.
, the company said it has finally inventoried all the wallets associated with FTX.com where it said there is a “massive shortfall” since it has only been able to identify just under $2.2 billion in customer assets, but of that only $694 million is considered actual liquid currencies. Compare that to the $11.2 billion in outstanding funds that were locked to customer accounts, and you’re left with around $9 billion still lost to the machinations of FTX’s former bosses.
The presentation implies much of this stemmed from ex-FTX CEO Sam Bankman-Fried’s alleged scheme to move customer funds from FTX to his hedge fund Alameda Research. The presentation showed that Alameda borrowed a net $9.3 billion from FTX.com wallets and accounts, though it remains unclear just how much of the shortfall is related to missing customer funds.
in customer accounts and in other parts of the company, both in crypto and cash. The lawyers argued that those digital currencies should be easily transformed into cash assets, but it remains unclear how much of those identified funds have been accounted for in this recent presentation.Pick your processor, RAM, GPU, and more
Whether you are in the market for a new laptop or desktop or if you a specifically looking to build something to game on, you can do so here and you’ll save up to 52% off.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
FTX has $9.5 billion shortfall in cash, top crypto to repay customersFTX has a massive $9.5 billion shortfall in top crypto and cash needed to repay customers, the bankrupt exchange's new bosses say
Leer más »
Customer information may have been extracted in Dish cybersecurity breach, company saysCustomer information may have been extracted in Dish cybersecurity breach, company says.
Leer más »
FTX Engineering Chief Pleads Guilty to Criminal ChargesNishad Singh, the former engineering chief for failed cryptocurrency exchange FTX, pleaded guilty to criminal charges in New York on Tuesday. Multiple FTX executives have now pleaded guilty, applying more pressure on disgraced CEO and Democrat super donor Sam Bankman-Fried.
Leer más »
Bitcoin rises to start March, and another ex-FTX exec pleads guilty: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Hany Rashwan, CEO of 21Shares, discusses how institutions are thinking about crypto investing.
Leer más »
SEC, CFTC press civil charges against former FTX exec Singh parallel to criminal caseCivil charges were announced against former FTX director of engineering Nishad Singh the same day he entered a guilty plea on criminal charges.
Leer más »
Kim Kardashian Said Short Manicures Are OverHer latest set confirms she's firmly back on Team Long Nails.
Leer más »