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Nalezeno "ftx": 4231

FTX Co-Founder Testifies: Sam Bankman-Fried Allowed Unlimited Fund Withdrawals


FTX co-founder Gary Wang has testified in court, admitting that he and former FTX boss Sam Bankman-Fried committed wire fraud.  Wang revealed to the jury that he and Bankman-Fried engaged in financial crimes and deceitful practices that ultimately led to the collapse of the cryptocurrency trading...

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange


Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.  At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...

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