On October 31, Sam Bankman-Fried, commonly known as SBF, the co-founder and former CEO of the now-defunct cryptocurrency exchange FTX, testified in court that the utilization of clients’ fiat deposits was a component of “risk management” for his associated crypto hedge fund, Alameda Research. The court hearing took place on 31 October, where SBF was […]
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FTX Co-Founder Sam Bankman-Fried Defends Use of Client Funds as ‘Risk Management’ in Court Testimony
