FTX’s Administrators Say Sam Bankman-Fried Got $2.2 Billion Mainly From Alameda Research
- FTX’s founders, top brass got $3.2 billion in payments, loans
- Bankman-Fried awaiting trial after being accused of fraud
Sam Bankman-Fried
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
Founders and key employees of the collapsed FTX group of crypto firms received $3.2 billion in payments and loans, mainly from trading house Alameda Research, according to court filings.
The sum includes about $2.2 billion for Sam Bankman-Fried, the filings show. Bankman-Fried is an FTX co-founder who is now awaiting trial after pleading not guilty to a years-long fraud at the helm of the digital-asset exchange.