LONDON, ENGLAND - NOVEMBER 10: In this photo illustration the FTX logo and mobile app adverts are displayed on screens on November 10, 2022 in London, England. The Bahamas-based crypto exchange's larger rival, Binance, walked away from a potential bailout deal, as FTX struggles with a wave of customer withdrawals that have created a liquidity crunch. (Photo Illustration by Leon Neal/Getty Images)
FTX founder 'vaguely aware' of lending customer funds to hedge fund
In an interview with "Good Morning America," FTX founder Sam Bankman-Fried said he was "vaguely aware" that FTX lent customers' funds to its sister firm, Alameda Research.
02:19 - Source: CNN Business
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LONDON, ENGLAND - NOVEMBER 10: In this photo illustration the FTX logo and mobile app adverts are displayed on screens on November 10, 2022 in London, England. The Bahamas-based crypto exchange's larger rival, Binance, walked away from a potential bailout deal, as FTX struggles with a wave of customer withdrawals that have created a liquidity crunch. (Photo Illustration by Leon Neal/Getty Images)
FTX founder 'vaguely aware' of lending customer funds to hedge fund
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