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Creditors get cash fast via BitGo Kraken or Payoneer, and even 10% recycling could shift BTC absorption.
BitGo CEO Mike Belshe said the firm declined the request because the Alameda representative that reached out failed the security verification process.
FTX co-CEO Ryan Salame told the Securities Commission of the Bahamas (SCB) that only three people had access to transfer customers' funds to Alameda Research.
FTX was a centralized cryptocurrency exchange that played a prominent role in global digital asset markets before its collapse in 2022.
