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coinpedia 2023-10-19 04:23:33

FTX’s Total Customer Deposits Fall Below Balance!

The post FTX’s Total Customer Deposits Fall Below Balance! appeared first on Coinpedia Fintech News FTX’s customer deposits have fallen below its balance, according to an investigation by the University of Notre Dame’s accounting professor, Peter Easton. The investigation revealed that FTX’s acquisitions of Modulo Capital and investments in SkyBridge Capital and crypto miner Genesis Digital Assets were funded using client funds. As of June 2022, FTX had only $2 …

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