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Up to 80,000 FTX clients are from UK
published on 2022-12-05 12:30:15 UTC by Simon FinlayContent:
Around 80,000 customers of the collapsed cryptocurrency exchange FTX are from the United Kingdom.
Sam Bankman-Fried’s company, used to buy assets like Bitcoin, crashed last month.
Large sums of money have gone missing from the exchange, amid allegations customer funds were mismanaged.
Now he faces the possibility of criminal investigations into the company’s collapse, with aggrieved investors filing lawsuits.
Bankman-Fried, once rumoured to be a billionaire, is now said to be work a tiny fraction of that today.
Of the one million FTX customes worldwide, arounf eight per cent are believed to be from mthe UK.
Many will almost certainly be facing the loss of their investments.
https://securityjournaluk.com/up-to-80000-ftx-clients-are-from-uk/?utm_source=rss&utm_medium=rss&utm_campaign=up-to-80000-ftx-clients-are-from-uk
Published: 2022 12 05 12:30:15
Received: 2022 12 05 12:46:09
Feed: Security Journal UK
Source: Security Journal UK
Category: Security
Topic: Security
Views: 3
