Two notes before diving in: First, all of the following are allegations made by the FTX liquidators. The claims may or may not surface or be confirmed in the separate criminal trial against Sam Bankman-Fried, currently scheduled to begin in October. And second, for clarity, I’ll be referring throughout to “customer funds” interchangeably with “commingled funds,” because by their nature, the vast majority of commingled funds would likely have been customer funds.
Related posts
-
Here’s Who Has Been Driving The Bitcoin Price Recovery Above $65,000
Este artículo también está disponible en español. Bitcoin is now trading above the $65,000 price level... -
Crypto Hack Losses Down In Q3 2024, Ethereum Still Most Targeted Blockchain: Report
Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted... -
The Galois Capital Settlement Signals a New Era for Digital Asset Custody
In September 2024, Galois Capital, a now defunct crypto hedge fund, settled with the SEC for...