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Coinbase Global CEO Brian Armstrong harshly criticized Sam Bankman-Fried, suggesting that the discrepancy on FTX's balance sheet was caused by the misappropriation of customers' funds. "It's stolen customer money used in his hedge fund, plain and simple," Armstrong said. Follow @benzinga On Saturday, Armstrong disagreed with the explanation given by Bankman-Fried with regard to FTX's 8-billion-dollar deficit. He expressed his disbelief that such a large amount of money could not have gone unnoticed by SBF. “I don't care how messy your accounting is … you're definitely going to notice if you find an extra $8B to spend,” he said on Twitter. “Even the most gullible person should not believe Sam's claim that this was an accounting error.” Following the bankruptcy of FTX, it has been suggested that $10 billion in customer funds had been covertly transferred to Alameda Research, a hedge fund co-founded by SBF. However, SBF has asserted that he did not knowingly mix funds between FTX and...

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