In a Reuters exclusive, the publication reports that FTX, the much-touted crypto management firm founded by wunderkind Sam Bankman-Fried, has been raided–allegedly by Bankman-Fried himself. According to Reuters’ sources, they claim that at least $1 billion of customer funds have vanished from individual accounts, reportedly triggered through a “backdoor” housed in the finance software.Read More
The Fall of FTX Renews Calls for Government Regulation of Cryptocurrencies
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