The apparent fraud at FTX could send SBF_FTX to prison for the rest of his life. And new leaks continue to point to even more malfeasance, davidzmorris writes. Opinion.
investment holdings of FTX Ventures
Here’s the thing: It seems impossible that FTX could have afforded those investments, along with its other vast expenditures, simply from three years of exchange revenue and its own venture capital inflows of $1.8 billion. Maybe some of the FTX Ventures stakes used fake FTX money like FTT, so there’s more work to be done.
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