Sam Bankman-Fried Allegedly Made Up ‘Our Korean Friend’s Account’ To Hide Customer Funds
Bankman-Fried referred to hedge fund Alameda Research's account on FTX's system as 'our Korean friend's account'
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Sam Bankman-Fried Allegedly Made Up ‘Our Korean Friend’s Account’ To Hide Customer Funds
Daily Caller
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FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege
None Alameda Research borrowed billions of dollars of customer funds from FTX exchange. • None The firm's liabilities were then..
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