Former Alameda Research CEO Caroline: Cash deficit exceeded $10 billion eight months before FTX's collapse

ChainCatcher news, according to Bloomberg, based on the latest court documents, former Alameda Research CEO Caroline Ellison estimated in her private records that the cash deficit before FTX's collapse had exceeded $10 billion eight months prior, in March 2022. U.S. authorities have accused FTX of misusing customer funds for trading with hedge fund Alameda and personal expenses. Caroline Ellison has admitted to fraud and is cooperating with prosecutors in the investigation. (source link)