John YapMore details of the great #CryptoFraud that was #FTX This era's massive #PonziScheme #FTXPonziScheme
Bankman-Fried, FTX execs received billions in hidden loans, ex-Alameda CEO says
<a href="/business/how-did-bankman-fried-secure-250-mln-bail-2022-12-22/">Sam Bankman-Fried</a> and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research, the hedge fund's former chief told a judge when she pleaded guilty to her role in the exchange's collapse.