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BCH $441.99 -0.02%
LINK $9.25 -0.54%
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AAVE $90.42 -3.00%
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ZEC $307.61 -8.61%

Law firm S&C partner: SBF requested to add a backdoor in the FTX code to provide Alameda with a $65 billion credit line

2023-01-14 13:31:33
Collection

ChainCatcher news, according to the New York Post, Andrew Dietderich, a partner at the law firm Sullivan & Cromwell managing the FTX bankruptcy, stated in Delaware bankruptcy court that SBF requested FTX co-founder Gary Wang to add a backdoor in FTX's code, allowing Alameda Research to obtain a $65 billion credit line and borrow funds without user consent. (source link)

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