In a recent interview, Sam Bankman-Fried states that he has not built a backdoor to access FTX clients’ funds because he does not “know how to code.”
We were almost becoming accustomed to silence from the former CEO, but this time he decided to open up in an interview, posted on Youtube, and tell his side of the story.
FTX founder denies $10 billion transfer via “backdoor”
At the time of FTX’s crisis, shortly before the exchange imploded, several media outlets including Bloomberg and Reuters reported to the world that the cause that had put FTX in crisis, depended on some financial statements that showed inconsistencies.
The financial statements showed that to compensate for a lack of liquidity, Sam Bankman Fried had secretly transferred $10 billion, from FTX to Alameda Research, using a “backdoor” that he built into the FTX software.
The backdoor, known only to his executives, allowed Alameda to withdraw the crypto deposits without anyone’s knowledge.
After three
We współpracy z: https://en.cryptonomist.ch/2022/11/30/between-bitcoin-el-salvador-continues/
