FTX transferred $2.2b to Bankman-Fried via related entities, new management says

FTX transferred $2.2b to Bankman-Fried via related entities, new management says

FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. REUTERS/Eduardo Munoz

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam BankmanFried through related entities, the company’s new management said.

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