Dec 23: Ellison & Wang’s Singing Brings New Clarity on FTX Alleged Crimes
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What Happened to FTX Users?
Caroline Ellison and Gary Wong are spilling the beans on FTX. Users deposited FIA into what they thought was FTX, but it offered were actually bank accounts controlled by Alameda. In exchange for these deposits, users would receive e-money, which according to FTX's terms of service, users could redeem all or in part at any time. More than $8 billion in FTX customer assets were handed over to Alameda.
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