11-13-2022, 12:10 PM
This story just keeps getting wilder
<!-- SC_OFF --><div class="md"><p>It has been confirmed by Reuters that SBF implemented a backdoor into FTX's accounting software, allowing him to move over $10 billion without alerting anyone.</p> <p>They said the "backdoor" allowed Bankman-Fried to execute commands that could after the company's financial records without alerting other people, including external auditors. This set-up meant that the movement of the $10 billion in funds to Alameda did not trigger internal compliance or accounting red flags at FTX, they said. </p> <p>No one currently know's the whereabouts of SBF. There are rumors circulating Twitter that he boarded a private jet to Argentina late last night but those are unconfirmed.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mrezzi"> /u/Mrezzi </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ytmt2n/this_story_just_keeps_getting_wilder/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ytmt2n/this_story_just_keeps_getting_wilder/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>It has been confirmed by Reuters that SBF implemented a backdoor into FTX's accounting software, allowing him to move over $10 billion without alerting anyone.</p> <p>They said the "backdoor" allowed Bankman-Fried to execute commands that could after the company's financial records without alerting other people, including external auditors. This set-up meant that the movement of the $10 billion in funds to Alameda did not trigger internal compliance or accounting red flags at FTX, they said. </p> <p>No one currently know's the whereabouts of SBF. There are rumors circulating Twitter that he boarded a private jet to Argentina late last night but those are unconfirmed.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mrezzi"> /u/Mrezzi </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ytmt2n/this_story_just_keeps_getting_wilder/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ytmt2n/this_story_just_keeps_getting_wilder/">[comments]</a></span>