Sam Bankman-Fried says he ‘misaccounted’ $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice

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finance & accounting

Sam Bankman-Fried says he ‘misaccounted’ $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice

03/12/2022 ahonk

Sam Bankman-Fried co-founded the crypto exchange FTX in 2019.FTXSam Bankman-Fried showed a Bloomberg reporter a spreadsheet of company finances.He said...

Alameda

Sam Bankman-Fried says he ‘misaccounted’ $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice

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Sam Bankman-Fried says he ‘misaccounted’ $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice

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