FTX was run as a ‘personal fiefdom’ of Bankman-Fried, says company lawyers


Link: coinjournal.net    Posted By:     Tip: Cryptuity

FTX’s lawyers have alleged that substantial assets were missing from the firm as the bankruptcy proceedings continue. Lawyers of FTX have claimed that the company was run as a ‘personal fiefdom’ of Sam Bankman-Fried. The lawyers revealed this in the first bankruptcy hearing of the company, adding that they were facing challenges as a result […]

The post FTX was run as a ‘personal fiefdom’ of Bankman-Fried, says company lawyers appeared first on CoinJournal.

Tags: