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Claims Binance 'mishandled' billions in user funds

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Ticker News
Ticker News

[The exchange reportedly moved almost $1.8 billion of user assets without permission, after the crypto crash of 2022. Forbes adds this is what led to FTX collapsing, as former CEO Sam Bankman-Fried moved monies into companies such as Alameda Research. Binance CEO CZ has not yet responded to the claims being made.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.