'It's stolen customer money used in his hedge fund, plain and simple.'
with it — competing exchanges are starting to actively distance themselves from disgraced former FTX CEO Sam Bankman-Fried.Coinbase CEO Brian Armstrong over the weekend, "you're definitely going to notice if you find an extra $8 billion to spend."
"Even the most gullible person should not believe Sam's claim that this was an accounting error," he added.Armstrong, who leads the second biggest exchange in the world by trading volume, was referring to Bankman-Fried leaving a glaring $8 billion hole in FTX's books, which he
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