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My understanding from that document is that the bankruptcy managers are just beginning to piece together an accounting of what happened to the money at FTX, and
by matthewdgreen 4y ago
My understanding from that document is that the bankruptcy managers are just beginning to piece together an accounting of what happened to the money at FTX, and even that accounting is incomplete because personal laptops belonging to executives are being held back by Bahamian authorities. So “FTX wasn’t hacked” is just a hypothesis at this point. Hacking probably wasn’t the major contributing factor to the exchange’s financial problems would probably be a more accurate statement.