Tech

The SEC says FTX made two $100M investments using customer funds in fintech company Dave in March 2022 and blockchain startup Mysten Labs in September 2022 (CNBC)




CNBC:

The SEC says FTX made two $100 million investments in customer funds in fintech firm Dave in March 2022 and blockchain startup Mysten Labs in September 2022.— – FTX and former CEO Sam Bankman-Fried made two $100 million venture capital investments using client funds through a subsidiary of FTX, the SEC said in a statement. complaint pair.

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