Sunday, December 22, 2024
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FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO

Former FTX executives allegedly splurged millions on funding niche projects completely unrelated to crypto or Web3, including a uniquely named $1.8 million “Pineapple house.”A June 26 report from FTX restructuring chief and CEO John Ray laid out the uses of the allegedly misappropriated customer funds.According to the report, this included

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