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Inside Crypto
2 years, 3 months ago

Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year

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"I learned that there was a hole that was enormous and that it had been spent and lost by Alameda, and I knew that it was $8 billion in size. So the last $8 billion of spend had necessarily come from customers. That spend included things like real estate investments, VC investments, campaign donations, and speculative events in trading," he said.
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