Binance Calls Off Deal to Acquire FTX - Bloomberg, Citing Spokesperson

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FTX used customer funds to finance risky Alameda bets - WSJ

November 10, 2022 11:14 AM EST

FTX lent billions of dollars of customer assets to finance risky bets by Alameda Research, its affiliated trading firm, according to a report by The Wall Street Journal.

The crypto exchange has imploded over the last few days, with Binance pulling out of a rescue deal. The WSJ... More