Reuters reveals at least $1 billion of client funds missing at failed crypto firm FTX

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Reuters exclusively reported that at least $1 billion of customer funds have vanished from collapsed crypto exchange FTX. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to his trading company Alameda Research, according to sources who said a large portion of that total has since disappeared

The post Reuters reveals at least $1 billion of client funds missing at failed crypto firm FTX appeared first on Reuters News Agency.

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