Many FTX employees saw their life savings go down the drain following the implosion of the crypto exchange that was once worth tens of billions.
— but continued to point the finger at the company’s bankruptcy filing, insisting that he could have saved the platform if given enough time.who reportedly purchased hundreds of millions of dollars
FTX attorneys told a bankruptcy judge in Delaware on Tuesday that “a substantial amount of assets have either been stolen or are missing.” FTX, led since the bankruptcy filing by new CEO John Ray, also has accused Bankman-Fried of working with Bahamian regulators to “undermine” the US bankruptcy case and shift assets overseas.Twitter / @carolinecapital, did not address allegations that customer funds were used by sister firm Alameda Research, run by his ex-girlfriend Caroline Ellison, to make risky bets.
“I believe that there are billions of dollars of genuine interest from new investors that could go to making customers whole,” he wrote.
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