19-10-2023 11:16 via coinjournal.net

FTX trial: FTX used billions in customer funds for Binance stake buyback

FTX is accused of using customer deposits to repurchase Binance stake.
An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback.
FTX’s proposed recovery plan offers hope, aiming for a 90% asset return to customers affected by the exchange’s bankruptcy.In a shocking revelation, the ongoing legal proceedings surrounding the defunct cryptocurrency exchange FTX have unveiled that the exchange allegedly us
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