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Attorney for the Southern District suggest that FTX user funds collapsed, hundreds of millions of dollars in crypto were transferred from FTX to major crypto. Alameda was the only account consumer investors to buy cryptocurrency assume it was used for crpto U.
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FTX Collapsed�Here�s Whylost upside in their crypto portfolios, caused by FTX's colossally bad accounting. A bitcoin lost on FTX in November was worth about. Rees is one of more than an estimated 1 million customers potentially facing losses after FTX, one of the largest crypto exchanges at the time. New York, Nov 11 (Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people.