Potential-Double7210 t1_j2ttygp wrote
Reply to comment by usrevenge in Sam Bankman-Fried pleads not guilty to federal fraud charges in New York amidst renewed federal probe by fadufadu
It is highly speculated that when FTX was going down and a bank run on the company seemed to be in it's infancy, they gave what money they still had to their most important/wealthy investors first, although SBF characterizes this as FTX having given back requested withdrawals on a "first come, first serve" basis.
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