Bankman-Fried Says Collateral Crashed by $51 Billion as FTX Fell

The post Bankman-Fried Says Collateral Crashed by $51 Billion as FTX Fell appeared on BitcoinEthereumNews.com.

(Bloomberg) — Sam Bankman-Fried, disgraced founder of the now collapsed crypto exchange FTX and trading house Alameda Research, apologized to staff in a letter that outlined a crash in “collateral”…

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