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coinpedia 2023-10-06 04:34:10

FTX Co-Founder Testifies That Sam Bankman-Fried Committed Wire Fraud!

The post FTX Co-Founder Testifies That Sam Bankman-Fried Committed Wire Fraud! appeared first on Coinpedia Fintech News The co-founder of crypto exchange FTX, Gary Wang, testified in court on Thursday that Sam Bankman-Fried and his inner circle committed wire fraud. Wang revealed that Alameda Research, founded by Bankman-Fried, had access to customer deposits and could withdraw unlimited funds from FTX, allowing the trading desk to withdraw $8 billion by the time FTX …

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