Hacker News new | ask | show | jobs
by vkou 1296 days ago
Given how FTX was buying it's executives houses, I doubt that was his liquid wealth, I think he was just dipping into the FTX customer deposit piggy bank.
1 comments

Yep that's the most likely scenario outside of secondary stock sales or personal sales of large amounts of FTT.

What's weird about him though is he wasn't listed as one of the "close insiders" who allegedly knew about the transfers of customers funds from FTX -> Alameda despite being "co-CEO" and there from the beginning of FTX's creation.