FTX: The Fastest Collapse of a Crypto Empire - Part 3: The hidden pipeline

The fraud at FTX was not a dramatic smash and grab. It was a pipeline. Money went in under one promise and moved out under another.The company’s public image was that of a clean, modern exchange. The internal reality, as described in criminal charges and bankruptcy investigations, was far more dangerous. Customer funds deposited on FTX were allegedly transferred to Alameda Research, where they could be used for trading, paying obligations, and covering corporate needs that customers never agreed to fund.Learn more at: https://thefraudarchive.com/fraud/ftx-sam-bankman-friedThe Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes.Support the podcast and access exclusive content on Patreon:https://thearchivenetwork.com/supportDiscover more archives and stories:https://thearchivenetwork.comExplore this archive:https://thefraudarchive.com Hosted on Acast. See acast.com/privacy for more information.