FTX Creditor Report Exposes Financial Dislocation and Security Issues, Alameda CEO Admits Lost Track of $50M in Assets
FTX Creditor Report Reveals Its Serious Financial Dislocation and Security Issues: SBF Tells Employees Alameda is Unauditable and "We sometimes find $50m of assets lying around that we lost track of"; Storing seed phrases and private keys to various hot wallets. CoinDesk
"That's like normal people finding a $10 bill in their old jeans..."
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