Reuters reveals at least $1 billion of client funds missing at failed crypto firm FTX

by DailyBriefers

Business & Finance

Reuters exclusively reported that at least $1 billion of customer funds have vanished from collapsed crypto exchange FTX. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to his trading company Alameda Research, according to sources who said a large portion of that total has since disappeared

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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