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by moondowner 1296 days ago
Not sure why Binance is not listed in Investors, as they are actually the first investor in FTX.

https://twitter.com/SBF_FTX/status/1590012124864348160

2 comments

They appear in the right-most column a little further down the page, with $580m of "funds" locked up in FTX. If I recall correctly they sold their stake in FTX for a quantity of tokens like FTT, and it was the (ultimately unsuccessful) attempt to sell these that triggered the beginning of the collapse.
SBF bought out their share in FTX (using stolen customer deposits) in 2021: https://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bough...