The Days After...North AmericaQ, [DS] & Corruption

FTX Insider Turns on Sam Bankman-Fried


According to a new filing in the bankruptcy case of cryptocurrency exchange FTX, it was an insider who spilled the beans on the company’s founder, Sam Bankman-Fried. CNBC reported that Wednesday’s filing contained a letter from the Securities Commission of the Bahamas to the commissioner of police saying it had been informed of potential fraudulent activity within FTX by the company’s co-CEO, Ryan Salame. Salame warned the commission about the “possible mishandling of clients’ assets” by Bankman-Fried, the report said. The letter, dated Nov. 9, was sent one day after the crucial midterm elections in the U.S. and just two…

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