Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX's $8 Billion Hole on 'Accounting Error'
Bankman-Fried was asked in an interview with Bloomberg, published Friday, how he “misplaced $8 billion.” The former FTX boss replied: “Misaccounted.” He further explained that FTX customers sometimes wired money to his trading firm, Alameda Research, instead of sending it directly to FTX. The crypto exchange’s internal accounting system then double-counted the money, crediting it to both the exchange and the customers.
I don’t care how messy your accounting is — you’re definitely going to notice if you find an extra $8B to spend.
an 'accounting error'? 👀 must be nice to have millions in your bank account from a mistake 👀👀👀
Who is he to talk 💩😠? He froze and more than likely stolen everyone Luna on Coinbase. They all fawkin suck 🖕😑🖕 Double guns
Dude/ he should be in jail from the first day they declared bankruptcy!! Still wondering why his still free!! 😡😡
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Source: WashTimes - 🏆 235. / 63 Read more »