FTX Used Customers Funds
for trading via its wholly own sub Alameda Research. About a two minute read.
Comment: now mingling customer and corporate funds is a barrier that must never be crossed and I’m sure SBF knows this, but people go to jail for this crime. Yes, it is a crime. Don’t believe me? Ask FTX’s customers who can’t withdraw their coins. And this is why I never leave coins on an exchange. What a mess this has turned out to be.