The post FTX Alleges Alameda CEO Used Insider Trading Funds for $2.5M Yacht Purchase! appeared first on Coinpedia Fintech News A court filing by FTX, a well-known cryptocurrency exchange, has revealed that Sam Bankman-Fried, the CEO of rival firm Alameda, allegedly used funds gained through insider trading to purchase a $2.5 million yacht. The filing also suggests that Alameda was aware of Bankman-Fried’s misconduct and turned a blind eye. Alameda went on to collapse in …
