Sam Bankman-Fried claims he ‘misaccounted’ $8B in FTX funds
Math doesn’t seem to be the MIT graduate’s strength. Disgraced FTX founder Sam Bankman-Fried — an alum of the vaunted university — gave a bizarre explanation for an $8 billion budget shortfall that helped force the doomed cryptocurrency platform into bankruptcy last month — claiming he had simply “misaccounted” the cash. Bankman-Fried scrambled to explain…
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