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Report: FTX Workers Knew of Alameda ‘Backdoor’ Long Before Collapse

October 05, 2023
FTX
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Report: FTX Workers Knew of Alameda ‘Backdoor’ Long Before Collapse

October 05, 2023
A new report sheds more light on FTX’s relationship with sister firm Alameda Research. In the months leading up to FTX’s collapse, some of its employees uncovered the “backdoor” allegedly used by Alameda to siphon away billions in customer funds from the cryptocurrency exchange, The Wall Street Journal (WSJ) reported Thursday (Oct. 5). The report, citing sources familiar […]