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CoinGape

2022-11-12 08:42:06

FTX Saga: Atleast $1 Billion in Client Funds Have Gone Missing, Sources Allege

FTX Saga: Atleast $1 Billion in Client Funds Have Gone Missing, Sources Allege

According to a report by the news agency Reuters, at least $1 billion in client deposits have gone missing from the bankrupt cryptocurrency exchange FTX. Reuters spoke to two sources who held senior positions in FTX until this week. The sources told Reuter’s that Sam Bankman-Fried, the exchange’s founder and former CEO, covertly moved $10 The post FTX Saga: Atleast $1 Billion in Client Funds Have Gone Missing, Sources Allege appeared first on CoinGape .

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