An FTX lawyer told Delaware's bankruptcy court that SBF ordered FTX co-founder Gary Wang to open a secret backdoor to let Alameda borrow $65B of clients' money
Gee, I wonder where all of the money went. Oh yeah, he was Tethers largest customer, allegedly sending 36 billion dollars to Tether in order to make 25 basis points. Tether even cited SBF as one of their best customers and how Giancarlo helped him. https://nypost.com/...
An attorney for FTX said that SBF ordered Gary Wang to create a “secret” backdoor that allowed his hedge fund Alameda Research to borrow $65 billion of clients' money without their permission. NYPOST reported. https://nypost.com/...