Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

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Source: Coindesk.com

Compound DAO governance exploiter Humpy the Whale was among the targets of lawsuits brought by FTX’s estate last week. In 2021 and 2022 he allegedly bought massive amounts of illiquid tokens, pumping the price, and then used them to take out loans on the crypto exchange that were not repaid. He denies the charges. His

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The post "Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges" appeared first here Coindesk.com.

Source: Coindesk.com

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