Leaked chats between FTX's founder and Alameda's CEO reveal shocking behind-the-scenes discussions during crypto giant's downfall
, a once-prominent cryptocurrency exchange, shocked the crypto world, but recent leaks bring to light the internal conversations that might have played a pivotal role in the unraveling of theFTX's demise began with financial mismanagement and the alleged misuse of billions of its customers' assets. Public reports detailed howlent $10 billion of its customers' assets to Alameda Research in 2022.
Further into the conversation, Ellison mentions her intention to tweet that"FTT will go up." This is significant, as it appears to be an effort to influence market sentiment about FTT,native token, during a period when it was facing dramatic price drops. Such a statement, if released publicly, might be viewed as an attempt to manipulate the market, a grave offense in the financial world.
SBF's subsequent messages hint at FTX's liquidity challenges, suggesting the importance of freeing up capital due to significant withdrawals, an alarming admission given the backdrop of FTX's deteriorating financial health.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Leaked audio captures Sheila Jackson Lee disparaging stafferJenny Goldsberry covers social media and trending news for the Washington Examiner. She’s a 2020 Brigham Young University graduate with a major in communications and minor in Japanese. She was born in Utah and has previous newsroom experience at the Salt Lake Tribune and Utah’s NPR station.
Read more »
San Diego MLS team to unveil name, crest at Snapdragon Stadium fan eventThe Athletic obtained leaked photo of logo, reported team name 'San Diego FC'
Read more »
Sam Bankman-Fried asked FTX attorney to 'come up' with legal argument for $8B holeSam Bankman-Fried instructed FTX's former general counsel Can Sun to 'come up' with a legal explanation for the $8 billion hole in Alameda Research's books.
Read more »
Britney Spears Was 'Giddy' About Potential Baby With Sam Asghari: BookBritney Spears reflects on experiencing a miscarriage before her split from Sam Asghari in her memoir, 'The Woman in Me'
Read more »
Jared Goff, rookie Sam LaPorta to thank for surging Lions offenseGreg Olsen explains how Detroit's offensive scheme has empowered both QB Jared Goff and rookie TE Sam Laporta this season.
Read more »
SBF TRIAL PODCAST 10/20: Our Favorite Quotes From Inside The Sam Bankman-Fried CourtroomListen to the latest SBF trial updates by the CoinDesk Podcast Network.
Read more »