2min chapter

Equity cover image

The FTX co-founder and Alameda CEO didn’t hold back at SBF’s trial (Chain Reaction)

Equity

CHAPTER

Discussion on the use of customer funds, bankruptcy filing, and upcoming testimonies in the trial

This chapter delves into the discussion surrounding the utilization of customer funds by FTX and SPF, with some funds being funneled to Alameda. It also explores how FTX's line of credit kept increasing until their eventual bankruptcy filing, questioning the validity of the claimed $65 billion figure. Testimonies from Zach Prince and a law enforcement witness are highlighted, with anticipation for more investor-related witnesses.

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