Coinbase CEO Brian Armstrong has made it clear about how people might believe Samuel Bankman-Fried’s words. when his empire fell
After a few weeks of quiet isolation, Bankman-Fried broke the silence and made several public appearances. In which he reveals some shocking facts about FTX, Alameda and everything in between.
One of which is an attempt to explain $8 billion worth of money. which was missing from the company’s balance sheet, and SBF, who claimed he and his management had made accounting errors. This led to a loss of $8 billion. However, few believed his explanation, and Coinbase’s CEO didn’t either.
Brian Armstrong says what many in the community have been speculating over the past several weeks about the $8 billion. Indeed, it is “Stolen customer money goes to his hedge fund.”
The post “Don’t believe the SBF” : Coinbase CEO Brian Armstrong warns the community that heard SBF’s alibi appeared first on Bitcoin Addict.