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what are the biggest and the most insane crimes and Scandals of the FTX meltdown well the rabbit hole goes very deep and the more I learn the more I feel like this in the words of the guy overseeing the bankruptcy proceedings never in my career have I seen such a complete failure and this is by the same guy who handled the Enron bankruptcy so you know its damn bad so lets dive into this deep and dark world of FTX first FTX top brass embezzled staggering sums of money customer money your money into their own pockets for SPF it was about a billion dollars a guy named nishad Singh member of sbfs inner circle got half a billion bucks which is just an extension of one of their biggest crimes using their customer funds as if they were their own using them to take out loans to take risks to trade and of course inevitably losing that damn money FTX co-founder Gary Wang actually created a back door that let them secretly and illegally move customer funds over to Alameda The Venture arm of FT
