FTX used over half of its customer assets to fund risky wagers - report

Nov. 10, 2022 11:51 AM ETBy: Max Gottlich, SA News Editor6 Comments

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Craig Barritt

The downfall of FTX stemmed from the cryptocurrency exchange lending billions of dollars worth of customer funds to back risky wagers by its sister company, Alameda Research, The Wall Street Journal reported Thursday, citing a person with knowledge

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