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Coinbase CEO accuses Sam Bankman-Fried of blaming FTX’s $8 billion hole on an “accounting error”

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The chief executive of Nasdaq-listed crypto-currency exchange Coinbase, Brian Armstrong, has criticized former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX lost $8 billion due to an “accounting error“. He emphasized, “This is stolen client money used in his hedge fund, pure and simple“. Brian Armstrong on SBF’s ‘accounting error’ claim Crypto-currency exchange Coinbase […]

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