Collapsed cryptocurrency exchange FTX was under “the control of a small group of inexperienced and unsophisticated individuals, and unfortunately, the evidence seems to indicate that some or all of them are also compromised individuals,” a lawyer for FTX told the Delaware Bankruptcy Court on Tuesday. “A substantial amount of [FTX’s] assets have either been stolen … Continue reading FTX scandal: Sam Bankman-Fried ran crypto exchange like a ‘personal fiefdom,’ and assets are ‘stolen or missing’
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