Sam Bankman-Fried Pledges Personal Assets To FTX Customers: Pre-Mortem Report

Sam Bankman-Fried Pledges Personal Assets To FTX Customers: Pre-Mortem Report


Ethereum World News
2023-01-12 14:26:38

Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack. Sam Bankman-Fried said he believes FTX US is solvent and holds over $350 million in net cash to repay customers if the platform was rebooted today. U.S. prosecutors charged SBF with fraud and money laundering in the billion-dollar crash of his Bahamas-based crypto exchange. Disgraced FTX Founder Sam Bankman-Fried published his personal thoughts on the factors that drove his cryptocurrency exchange and