🚀Buckle up, BTC enthusiasts! The defunct crypto exchange FTX has been caught red-handed, paying over $25M to six whistleblowers who unearthed some serious issues. 😲 And guess what? FTX still owes a whopping $11B to investors who suffered losses after its collapse.

🔍An examination report by Robert Cleary revealed that one whistleblower, an FTX.US executive, blew the lid off FTX Group's deceptive practices. They claimed that the group misled regulators and investors and lacked a proper corporate structure. The whistleblower, after voicing their concerns, was told to apologize and later resigned, receiving a hefty $16M settlement. 💰

🔥Another whistleblower, after less than two months of employment, alleged market manipulation and insider trading, and received a $1.8M settlement. A third whistleblower was offered a $200K settlement after alleging similar issues.

👀The report also revealed that FTX Group didn't maintain a comprehensive employee list and many employees resigned informally.

🎭Former FTX.US President Brett Harrison, who quit before the exchange's collapse, responded to the report, denying being a whistleblower or receiving a $16M settlement.

🔚FTX collapsed in November 2022 and has been undergoing bankruptcy since then. Its former CEO, Sam Bankman-Fried, was found guilty of defrauding FTX’s customers, lenders, and investors, and was sentenced to 25 years in prison.

Stay tuned for more updates, folks! 🚀🌕