“[Miller] participated in Signal and Slack communications with the defendant and a small group of company insiders during the relevant events of November 2022,” prosecutors said. “In those messages, among other things, [Bankman-Fried] gave instructions for liquidating Alameda’s investments to satisfy FTX customer withdrawals, and indicated that he transferred approximately $45 million dollars of Alamedas funds to FTX US to fill an apparent hole in FTX US’s balance sheet.”
Investing In A Ponzi vs. Investing In Bitcoin | by VTECH | The Capital | Apr, 2025
This instance is a straightforward comparability to focus on the distinction between a Ponzi and Bitcoin. There's the narrative that...