Nov 12 (Reuters) – FTX-affiliated crypto buying and selling agency Alameda Analysis’s Chief Govt Officer Caroline Ellison and senior FTX officers knew that the crypto trade had lent Alameda its buyer funds to assist meet liabilities, the Wall Avenue Journal reported on Saturday.
Reuters reported Friday that FTX founder and former CEO Sam Bankman-Fried had secretly transferred $10 billion of buyer funds from FTX to Alameda.
Ellison instructed workers in a video assembly on Wednesday that she, Bankman-Fried, and two different executives, Nishad Singh and Gary Wang had been conscious of the choice to maneuver buyer funds to Alameda, the Journal stated, citing individuals conversant in the matter.
FTX filed for U.S. chapter safety early Friday and Bankman-Fried resigned as chief govt.
FTX and Alameda Analysis didn’t instantly reply to Reuters’ requests for remark.
Reporting by Kanjyik Ghosh in Bengaluru; modifying by Diane Craft
Our Requirements: The Thomson Reuters Trust Principles.
