FTX Founder Sam Bankman-Fried Took $1 Billion Loan from His Hedge Fund Before Declaring Bankruptcy https://www.thegatewaypundit.com/2022/11/ftx-founder-sam-bankman-fried-took-1-billion-loan-hedge-fund-declaring-bankruptcy/
FTX Founder Sam Bankman-Fried Took $1 Billion Loan from His Hedge Fund Before Declaring Bankruptcy https://www.thegatewaypundit.com/2022/11/ftx-founder-sam-bankman-fried-took-1-billion-loan-hedge-fund-declaring-bankruptcy/
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FTX Founder Sam Bankman-Fried Took $1 Billion Loan from His Hedge Fund Before Declaring Bankruptcy
Sam Bankman-Fried’s FTX lent out billions of dollars in customer funds to Bankman-Fried’s hedge fund, Alameda Research. Then Alameda gave a $1 billion loan to Bankman-Fried himself and a $543 million loan made to FTX cofounder Nishad Singh. That was before the company went bankrupt. So Bankman-Fried is will not be hitting the soup line…
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