Banks Previously Raised Concerns Regarding Wire Activity of FTX-Affiliated Hedge Fund, Says FTX
According to a report released by FTX on Monday, certain banks that collaborated with Alameda Research, the trading firm founded by Sam Bankman-Fried, raised concerns about the firm’s wire activity as early as 2020. The report revealed that some banks started rejecting wires to or from Alameda when the cryptocurrency exchange was struggling to access …