- Sam Bankman-Fried’s FTX had customers wire money to North Dimension, a mysterious company with a fake electronics retail website, NBC News reported.
- Money sent to North Dimension would end up funding Alameda Research’s trading activity, the SEC alleged.
- The North Dimension website has been deactivated, but had misspelled words and claimed to sell laptops and phones.
In the sprawling drama of Sam Bankman-Fried’s fallen crypto empire, the obscure, low-profile North Dimension played a key role in putting FTX customer funds into the hands of affiliate Alameda Research and SBF’s other ventures.
And according to NBC News, North Dimension operated a fake online electronics retail shop, which has now been disabled and archived. The website did not disclose any connection to Bankman-Fried or his companies.
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