SBF had a romantic relationship with the founder of the firm to whom he sent $400 million FTX funds.
A New York Times report shows that Modulo Capital, a trading firm launched in March 2022 received a total of $400 million from embattled ex-FTX CEO, Sam Bankman-Fried (SBF). SBF was also exposed to have had a close relationship with one of the founders of the company.
According to reports, one of the founders of Modulo Capital, Xiaoyun “Lily” Zhang, and SBF were involved in a romantic relationship. Zhang worked at Jane Street Capital for about a decade, coinciding with the period when SBF worked there too, in the early days of his career.
Related Readings:
SBF Says Latest Revelation Is “Misleading” About FTX.US Solvency
Ex-President of FTX US Says Relationship With SBF Reached ‘Total Deterioration’
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