Crypto exchange FTX and its sister company Alameda Research, which have filed for bankruptcy in a United States court, invested billions in at least three Kenyan start-ups in what could throw the young firms into financial wild waters.
Regulatory filings and court papers show that Sam Bankman-Fried’s collapsed $32 billion crypto empire through investment arm Alameda Research, pumped billions of shillings into local digital finance start-up Mara and remittance company Chipper Cash.
