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Sam Bankman-Fried’s Alameda quietly used FTX customer funds

FTX Used Customer Funds Among Other Assets to Prop Up

Sam Bankman-Fried secretly transferred FTX customer funds to

Bitcoin: FTX loaned $10b in customer funds to Alameda for risky

FTX Used Client Funds, FTT Tokens, and Robinhood

FTX Used Customer Funds to Boost Alameda Research

Sam Bankman

The quant trading firm Sam Bankman-Fried founded was able to quietly use customer funds from his exchange FTX in a way that flew under the radar of investors

FTX reportedly used Alameda’s bank accounts to

Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research earlier this year, sources told Reuters. The money included customer funds as well

Sam Bankman

Sam Bankman-Fried transferred at least $4 billion in FTX funds secured by assets including the crypto exchange's FTT token and shares in the trading platform

FTX reportedly used $10 billion of customer funds to

FTX had extended loans to Alamedawhich specialised in risky cryptocurrency trading strategies described by one blockchain analyst as “essentially like

FTX Used $10 Billion of Customer Funds to Prop Up