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In an interview, SBF admits involvement in Alameda's largest uses of funds: spending $3B to buy out Binance's stake in FTX and pouring $4B into venture capital (Joshua Oliver/Financial Times)

Chloe M 7 hours ago
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Joshua Oliver / Financial Times:

In an interview, SBF admits involvement in Alameda’s largest uses of funds: spending $3B to buy out Binance’s stake in FTX and pouring $4B into venture capital  —  Exchange’s former CEO says he was close to key decisions at nominally separate trading firm  —  Speaking from his bed in Nassau …



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  2. Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries (Financial Times)
  3. A look at Anthropic, which raised $580M led by SBF in April to research "AI safety", and 70 AI-related organizations SBF and FTX executives invested $530M+ in (Cade Metz/New York Times)
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