Reuters: about $ 2 billion of customer funds disappeared from the FTX crypto exchange
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Sam Bankman-Fried, the founder of the FTX crypto exchange, secretly transferred $ 10 billion of client funds to the trading company Bankman-Fried Alameda Research. Of these, about $2 billion is missing. This was reported Reuters with reference to sources.
According to the agency, about $1.7 billion disappeared from the funds transferred by Bankman-Fried Alameda Research. Another agency source estimated the missing funds at $1-2 billion.
According to Reuters, the loss was discovered last Sunday, November 6. Sam Bankman-Fried provided the top managers of the exchange with financial statements that reflected the loss. Agency sources said the reports did not say where the missing funds were sent.
Mr. Bankman-Fried, in a commentary to the agency, said that he did not agree with the information about the loss of clients’ funds. According to him, the exchange had “confusing internal markings” that were miscalculated.
Yesterday, November 11, the FTX Group, operator of the Bahamas-registered cryptocurrency exchange FTX, announced about bankruptcy. FTX Group CEO Sam Bankman-Fried also resigned. He will be succeeded in this post by John J. Ray III. The bankruptcy was caused by a scandal around the crypto exchange due to problems with its liquidity, which led to the collapse of the FTT token and bitcoin.
More details – in the material “Kommersant FM” “FTX announced the collapse”.
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