FTX used $200 million of customer funds for venture capital investments, SEC complaint shows

Retrieved on: 2022-12-29 17:36:09

Tags for this article:

Click the tags to see associated articles and topics

FTX used $200 million of customer funds for venture capital investments, SEC complaint shows. View article details on HISWAI: https://markets.businessinsider.com/news/currencies/ftx-200-million-customer-funds-venture-capital-investments-2022-12

Excerpt

The two deals disclose how FTX quietly shifted customer funds from the exchange to Alameda Research to make high-risk trades and lavish purchases.

Article found on: markets.businessinsider.com

View Original Article