Federal prosecutors have seized nearly $700 million in cash and assets connected to Sam Bankman-Fried from crypto brokerage, exchange, and traditional banking institutions.
Nice Article, Customers who put their trust in crypto behemoth FTX are now without anything. On large exchanges, are our investments really secure? Customers use these exchanges to trade their assets solely on the basis of trust. That bond is destroyed by such frauds by VCs like Alameda and SBF.
Nice Article, Customers who put their trust in crypto behemoth FTX are now without anything. On large exchanges, are our investments really secure? Customers use these exchanges to trade their assets solely on the basis of trust. That bond is destroyed by such frauds by VCs like Alameda and SBF.
Right? That’s why at any sign of trouble now, investors begin to withdraw funds.