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BBCNEWS Outside Source June 4, 2024 19:23:00

Is a marketplace. people deposit money in there, and then by crypto currency tokens. the idea is that they can then come back years or months later, and withdraw their stuff. that would be fine. what if, as the wall streetjournal is suggesting, the boss of the place decides to lend your money out to another business? as what happened on the sundayjust gone, people come along, and they all try and withdraw their money and their tokens at once. there were complicated reasons for that, once. there were complicated reasons forthat, people once. there were complicated reasons for that, people start panicking, we all want our staff, and there was not enough stuff, because some of it had allegedly been lent out to another business. that is what caused all the problems. and another business. that is what caused all the problems. and now these problems caused all the problems. and now these problems are caused all the problems. and now these problems are spreading - these problems are sprea ....

Currency Tokens , What If , Wall Streetjournal , Turning Point ,

BBCNEWS Outside Source June 4, 2024 20:23:00

Result of corporate due diligence, as well as the latest news reports regarding mishandled customerfunds regarding mishandled customer funds and regarding mishandled customerfunds and alleged us agency investigations. writers had reported that they were investigating their handling of customer funds and its crypto lending activities. they have reported to have we opened withdrawals today after some customers up where unable to access their digital tokens. this is the man behind it, its founder, 30 year old sam think men who lives in the bahamas where it is based. he stopped to have been with tens of billions of dollars until this week and it s one of the most powerful people in crypto currency. at the end of a series of tweets today, he apologised for the crisis i spoke to glen goodman, a cryptocurrency consultant, to find out what is going on here. ....

Customer Funds , News Reports , Agency Investigations , Due Diligence , Mishandled Customerfunds , Crypto Lending Activities , Glen Goodman ,

BBCNEWS Outside Source June 4, 2024 19:22:00

Reuters had reported that the us financial regulator the securities and exchange commission was investigating ftx s handling of customer funds and its crypto lending activities. ftx is reported to have reopened withdrawals today after some customers were unable to access their digital tokens. this is the man behind ftx: its founder and chief executive, 30 year old sam bankman fried, who lives in the bahamas, where ftx is based. he s thought to have been worth tens of billions of dollars until this week and is one of the most powerful people in the cryptocurrency market. at the end of a series of tweets today he apologised for the crisis as ftx. to try and make sense of what s going on, i m joined by glen goodman, cryptocurrency consultant. what is going on here? imagine ftx is a marketplace. what is going on here? imagine ftx is a marketplace. people what is going on here? imagine ftx is a marketplace. people deposit. ....

Imagine Ftx , Customer Funds , Securities And Exchange Commission , Sam Bankman Fried , Chief Executive , Cryptocurrency Market , What S Going On , Glen Goodman , Cryptocurrency Consultant ,

SBF Secretly Moved FTX Client Funds to Alameda After Spring Losses: Report

Sam Bankman-Fried transferred at least $4 billion from FTX, including customer funds, to help prop up his Alameda trading arm, Reuters reported. ....

Sam Bankman , Exchange Commission , Commodity Futures Trading Commission , Terms Of Service , Alameda Research , Justice Department , Sam Bankman Fried , Voyager Digital , Wall Street , Mi Exclusive , Sam Bankman Fried , Rian Evans ,

BBCNEWS Outside Source June 4, 2024 20:24:00

Imagine ftx is a marketplace. people deposit money in there, and then by crypto currency tokens. the idea is that they can then come back years or months later, and withdraw their stuff. that would be fine. what if, as the wall streetjournal is suggesting, the boss of the place decides to lend your money out to another business? as what happened on the sundayjust gone, people come along, and they all try and withdraw their money and their tokens at once. there were complicated reasons for that, people start panicking, we all want our staff, and there was not enough stuff, because some of it had allegedly been lent out to another business. that is what caused all the problems. and now these problems ....

Imagine Ftx , Currency Tokens , What If , Wall Streetjournal ,