Cryptocurrency exchange FTX, which is on the verge of bankruptcy, is in a difficult situation. Interesting claims are on the agenda about Sam Bankman-Fried (SBF), the founder and CEO of FTX. New claims have been made that will shock the cryptocurrency industry. As Kriptokoin.com, we report the developments to you.
FTX CEO faces shocking allegations
Known as one of the world’s leading cryptocurrency exchanges, Binance has given up on purchasing FTX. After the event, an important claim about FTX CEO SBF came to the fore. Statements on the subject were made by the famous news agency Reuters. Reuters SBF is said to have used company accounts to rectify the situation at FTX’s sister company, Alameda. Allegedly, at least $4 billion worth of funds were transferred to the accounts of this company.
According to the information in the news, the transfers took place in May and June. It is also stated that the issue resulted from losses in a loan agreement with Voyager Digital.
SBF did not notify other executives in the company.
According to Reuters, SBF did not inform any FTX executives about these transfers. It is stated that the main reason why the CEO of FTX did not notify is to prevent the leakage of information to the outside.
It is unclear what will happen to the company trying to raise funds again. That said, FTX, which has been seeking re-funding after the news, is likely to stay on track once again. SBF announced today that they are in a position to re-invest in their employees. He stressed that it will be announced next week on the subject. One of the people in talks with FTX is TRON CEO Justin Sun.
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