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Coinpedia 2023-10-19 10:22:20

SBF Fraud Trial: How FTX Used Customer Funds to Reclaim Its Stake from Binance

The post SBF Fraud Trial: How FTX Used Customer Funds to Reclaim Its Stake from Binance appeared first on Coinpedia Fintech News In an unprecedented legal saga, revelations have surfaced about bankrupt crypto exchange FTX using customer funds to buy back its stake from rival exchange Binance. The disclosure emerged during a recent court hearing, and it could prove to be the knockout punch for FTX founder Sam Bankman-Fried, who is currently under trial. Peter Easton, an …

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