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