FTX Was Supposed to Have $20 Billion in Customer Crypto—It Only Held $5 Billion
An expert witness called in Sam Bankman-Fried's trial said between January 2021 and October 2022 FTX never had all its customer's crypto funds.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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