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Sam Bankman-Fried gave himself unfair trading advantage on crypto exchange, regu...

 1 year ago
source link: https://www.telegraph.co.uk/business/2022/12/14/sam-bankman-fried-gave-unfair-trading-advantage-crypto-exchange/
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Sam Bankman-Fried gave himself unfair trading advantage on crypto exchange, regulator claims

Alameda was allegedly allowed early access to trades thanks to its close ties with FTX

By Matthew Field

14 December 2022 • 4:10pm
SBF

Mr Bankman-Fried was arrested on Monday in the Bahamas and charged with fraud by US authorities

Credit: Mario Duncanson/AFP

Sam Bankman-Fried had secret VIP access to trading systems that gave him a speed advantage over rivals, the US regulator has said. ...


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