Tag: commingled

Binance Blasts ‘Desperate’ Reuters Special Report It Commingled Customer and Company Funds

Binance Blasts ‘Desperate’ Reuters Special Report It Commingled Customer and Company Funds

The fund flows Reuters described in Tuesday's report "indicate a lack of internal controls to ensure customer funds were clearly identifiable and segr [...]
FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say

FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say

Of the $219.5 million total balance FTX Digital held in banks, $21.5 million has been realized by the liquidators, and a further $54.5 million is pend [...]
‘I unknowingly commingled funds’ at DealBook Summit

‘I unknowingly commingled funds’ at DealBook Summit

Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX.Bankman-Fried was speaki [...]
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