CNN CNN Newsroom June 4, 2024 15:04:00
Trading platform customers were defrauded. and to sum up what the s.e.c. said, they said bankman fried said it was a safe crypto platform touting ftx automated risk measures to proteskt customer assets in reality he orchestrated a year's long fraud to conceal from ftx investors and money that he stole from investors was used for political donations to buy luxury real estate in the bahamas and $1.3 billion in loans were taken out by bankman-fried personally. jim and erica. >> the dollar figures are remarkable. thank you so much. >> and remarkable that s.e.c. filing said he knew exactly what was...
Source: archive.org