As down-and-out crypto exchange FTX struggles through the miasma of Chapter 11 bankruptcy, seeking to recoup funds needed to make customers and investors whole, the company now says there was around $3.2 billion dolled out to former CEO Sam Bankman-Fried and five other members of his inner circle before the collapse.
FTX Entities Paid Bankman-Fried and Other Top Execs More Than $3 Billion Before Collapse
Gizmodo - 16 Mar 2023 16:35
As down-and-out crypto exchange FTX struggles through the miasma of Chapter 11 bankruptcy, seeking to recoup funds needed to make customers and investors whole, the company now says there was around $3.2 billion dolled out to former CEO Sam Bankman-Fried and five other members of his inner circle before the collapse.
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