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by nberkman
1304 days ago
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> It is now clear that what happened at the FTX crypto exchange and the hedge fund Alameda Research involved a variety of conscious and intentional fraud intended to steal money from both users and investors [...] [T]he funds were sent to the intimately linked trading firm Alameda Research, where they were, it seems, simply gambled away. This is, in the simplest terms, theft at a nearly unprecedented scale https://www.coindesk.com/layer2/2022/11/30/ftxs-collapse-was... |
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