FTX allegedly misled Paradigm on customer fund management

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In 50 Words: FTX allegedly misled Paradigm on customer fund management

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In 50 Words: FTX allegedly misled Paradigm on customer fund management

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Matt Huang, co-founder of crypto investor Paradigm, gave potentially damaging evidence during the trial of FTX founder Sam Bankman-Fried.

Huang alleged that he was misled about how FTX used customer funds and said that Paradigm would not have invested US$278 million in FTX had it known about the issue.

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