Alameda Accused of Misusing FTX Customer Funds in Court


Key personnel from FTX and Alameda Research, during a trial, revealed concerning financial mismanagement and misrepresentation practices within the organizations. Gary Wang and Caroline Ellison's testimonies provided insights into significant financial instabilities, misuse of FTX funds by Alameda, and personal ventures being funded through loans from Alameda. The trial uncovers a complex scenario of financial misconduct and troubling personal-professional relationships, shedding light on alarming practices within these crypto entities. (Read More)
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Alameda Accused of Misusing FTX Customer Funds in Court Alameda Accused of Misusing FTX Customer Funds in Court Reviewed by CRYPTO TALK on October 11, 2023 Rating: 5

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