It was alleged that senior executives, including FTX founder Sam Bankman Fried (SBF), formed a secret “fraud” group and made preparations for future hearings from here.
According to the news presented by the Australian Financial Review (AFR), the founders of FTX Sam Bankman-Fried and zixiao “Gary” wangFTX engineer Nishad Singh and former CEO of Alameda Research Caroline Ellison’s On the Signal app “wirefraudIt was alleged that they formed a secret group called ”. The AFR report stated that the chat was used to send confidential information about FTX and Alameda’s operations leading to the failure.
Shortly before his arrest in the Bahamas, the SBF denied the existence of this group. tweet threw:
If this is true, then I was not a member of that inner circle. But I’m pretty sure it’s a lie. I’ve never heard of such a group.
The SBF was expected to appear before the US Congress today, but was arrested in the Bahamas yesterday evening on the grounds of the US extradition request.