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Another message seen by the ABC shows that a different person who allegedly loaned Mr Saunders money transferred ethereum to the same electronic wallet. An overseas hedge fund manager the ABC spoke to said he sent Mr Saunders bitcoin in January, which had not yet been paid back.

Screenshots show what appeared to be Mr Saunders asking the hedge fund manager for bitcoin on two separate occasions. But I felt like I could trust you. I'd 10x'd my FTX account. Then got greedy," said the message allegedly sent from Mr Saunders. In response to the claims on Twitter, cryptocurrency exchange FTX said it had escalated the matter internally.

Mr Saunders said in messages shared that he intends to pay everyone back. He has also indicated that he has entered into repayment plans with those he owes money to. A message exchange from April this year appeared to show Mr Saunders explaining he had been "ripped 20 BTC [bitcoin] lending to a friend of a friend.

Collective Shift managing director Ben Simpson, who previously worked with Mr Saunders, issued a video update on Sunday to members. The event was held few days prior, and there were lots of heated arguments between the two. Saunders mentioned that HEX order books are not adequate to support selling pressure citing data from Santiment. As a result, many of them started asking for refunds. According to ABC , Saunders had spoken with an overseas hedge fund management firm to borrow Bitcoin on two occasions.

However, the fund claimed that Saunders is yet to repay a loan they sent him in January. Featured image from Pixabay, and chart from TradingView. For updates and exclusive offers enter your email. Sign Up I consent to my submitted data being collected and stored. Leave this field empty if you're human: Asad Gilani Asad is a freelance writer. He is interested in cryptocurrencies, technology, and in particular the subject of online security.

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As a result, many of them started asking for refunds. According to ABC , Saunders had spoken with an overseas hedge fund management firm to borrow Bitcoin on two occasions. However, the fund claimed that Saunders is yet to repay a loan they sent him in January. Featured image from Pixabay, and chart from TradingView.

For updates and exclusive offers enter your email. Sign Up I consent to my submitted data being collected and stored. Leave this field empty if you're human: Asad Gilani Asad is a freelance writer. He is interested in cryptocurrencies, technology, and in particular the subject of online security. An open supporter of freedom of speech, privacy, and equality for all. On a personal level, he likes to stay socially active, loves playing snooker, cricket, enjoys seafood and loves listening to folk music.

Secret Network is a blockchain-based protocol for secure computation, bringing privacy to the decentralised web. SCRT is used for fees, staking and governance. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances.

The viewer should always: 1. Conduct their own research, 2. Never invest more than they are willing to lose, 3. We also discuss how central banks have forever changed asset markets. Central banks are doing everything they can to prevent another economic collapse. Each month we will look at a range of commodities to see what impact the global economic slowdown is having. If you are looking to invest in resources, commodities or mining stocks this is a must watch segment.