Chat group on the platform Signal was reportedly used to send end-to-end encrypted information about FTX and its hedge fund

Sam Bankman-Fried and other members of the inner circle of the collapsed crypto exchange FTX allegedly formed a chat group on the encrypted platform Signal under the name “Wirefraud”.

The Australian Financial Review reported that the Wirefraud chat group was used to send end-to-end encrypted information about FTX and its crypto hedge fund, Alameda Research, in the run-up to the implosion of the exchange. According to the newspaper, members of the secret group included Bankman-Fried, his FTX partners Zixiao “Gary” Wang and Nishad Singh, and the CEO of Alameda Research Caroline Ellison.

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