FTX's Multi-Million Dollar Loan to Australian Influencer to Avoid Legal Troubles Exposed in Bankruptcy Report

The latest revelation in the ongoing FTX bankruptcy case has shed light on a startling development - the exchange had reportedly lent a staggering $13 million to Australian influencer Alex Saunders. The loan was allegedly meant to aid Saunders in repaying investors and safeguard FTX's image from potential legal action. The details were initially uncovered by News, adding to the growing list of shocking events surrounding the collapsed crypto exchange.