Meanwhile, Bankman-Fried is trying to make FTX whole so it can honor its obligations to customers.
“Every penny of that—and of the existing collateral—will go straight to the users, unless or until we’ve done right by them,” he wrote. “After that, investors—old and new—and employees who have fought for what’s right for their career, and who weren’t responsible for any of the fuck ups.”
This story is breaking and will be updated shortly.
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