US v. SBF: accounting professor Peter Easton testifies that FTX used “over a billion dollars” of customer funds to buy back Binance's FTX stake, bought in 2019 (Shaurya Malwa/CoinDesk) 19-10-2023

Shaurya Malwa / CoinDesk:
US v. SBF: accounting professor Peter Easton testifies that FTX used “over a billion dollars” of customer funds to buy back Binance’s FTX stake, bought in 2019 — Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens.