FTX's co-founder, Gary Wang, testified that the displayed amount in the exchange's insurance fund did not match the actual balance. The exchange used a random number multiplied by the daily volume and divided by one billion to determine the amount of cash added to the fund.
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FTX's co-founder, Gary Wang, testified that the displayed amount in the exchange's insurance fund did not match the actual balance. The exchange used a random number multiplied by the daily volume and divided by one billion to determine the amount of cash added to the fund.
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