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FTX trial: FTX used billions in customer funds for Binance stake buyback
Posted on 10/20/2023
FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback. FTX’s proposed recovery plan offers hope, aiming for a 90% asset return to customers affected by the exchange’s bankruptcy. In a […]
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