FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers. This interview has been edited for length. Photo: Kenny Wassus/The Wall Street Journal

#WSJ #SBF…

Binance conducted its first proof of reserves audit report, revealing that the company had sufficient assets for mass customer withdrawals.

Watch live coverage of a House Financial Services Committee hearing with FTX Group CEO John Ray following the arrest of former CEO Sam Bankman-Fried in the Bahamas.

#WSJ #FTX

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