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BCH $448.25 -0.93%
LINK $9.27 -1.93%
HYPE $41.30 -3.65%
AAVE $97.81 +1.06%
SUI $0.9322 -1.38%
XLM $0.1650 -3.53%
ZEC $340.18 -3.82%

Law firm S&C partner: SBF requested to add a backdoor in the FTX code to provide Alameda with a $65 billion credit line

2023-01-14 13:31:33
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ChainCatcher news, according to the New York Post, Andrew Dietderich, a partner at the law firm Sullivan & Cromwell managing the FTX bankruptcy, stated in Delaware bankruptcy court that SBF requested FTX co-founder Gary Wang to add a backdoor in FTX's code, allowing Alameda Research to obtain a $65 billion credit line and borrow funds without user consent. (source link)

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