Coindesk’s David Z. Morris: The Wild Story of FTX and its CEO, Sam Bankman-Fried
Something Ventured -- Silicon Valley Podcast
What Happened to the Money?
The executives were borrowing hundreds of millions of dollars. It's been reported now that the parents were actually using this money too. The full amount will take years to account for but a big part of it was that loans were essentially being used to recycle through FTX assets or equity in a way that didn't look like FTX eating its own tail, but actually was right.
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