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Bitcoin.com 2023-10-22 07:30:59

Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial

FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope of customer money siphoned, following spreadsheets showing $7 billion

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