Alameda could borrow unlimited amount of customer funds from FTX

The ongoing legal case against Sam Bankman-Fried is spilling more details on the business operations at FTX. The latest report by Reuters reveals that Alameda Research could borrow unlimited money from FTX. Moreover, the former FTX CEO – SBF – and former Alameda CEO – Caroline Ellison – agreed to hide this fact from lenders, […]