An FTX lawyer told the Delaware bankruptcy court that SBF asked FTX cofounder Gary Wang to create a secret backdoor to let Alameda borrow $65B of clients' money (Pete Syme/Insider)
Pete Syme / Insider:
An FTX lawyer told the Delaware bankruptcy court that SBF asked FTX cofounder Gary Wang to create a secret backdoor to let Alameda borrow $65B of clients’ money — – Bankruptcy lawyers said Sam Bankman-Fried’s Alameda had access to a $65 billion credit line from FTX.
Source link