Where did the money go in the FTX crypto meltdown?
FTX CEO John Ray said Tuesday that founder Sam Bankman-Fried granted himself loans using the company’s money, part of more than $1 billion in loan disbursements to ” insiders,” Ray said. The collapse of FTX, a cryptocurrency exchange once valued at $32 billion – and the arrest on Monday of founder Sam Bankman-Fried on a …
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