Former FTX exchange insiders told

Here’s How FTX Executives Secretly Spent $8 Billion in Customer

Sam Bankman-Fried's FTX

Former FTX exchange insiders told a jury that Sam Bankman-Fried had directed them to let his hedge fund Alameda “borrow” billions of dollars from exchange

Those called in to clean

How SBF ‘spent billions’ in customer funds before FTX collapse

Those called in to clean up the mess soon discovered that up to $9 billion in customer deposits were missing. SBF and a couple of his associates, one of whom was the

Alameda Research clearly used FTX customers’ money to invest in startups and real estate and donate to political causes and charities, according to an analysis of the

Bankman

SBF Trial: What Did FTX’s Terms of Service Say About Customer

Inside SBF's trial: Alameda paid for loans, VC deals and Bahamas

Bankman-Fried is accused of using billions of customer funds from FTX to spend lavishly and engage in speculative trading through Alameda Research, FTX’s sister

A forensic accountant at the

A forensic accountant at the trial of Sam Bankman-Fried tried to explain what happened to $9 billion in FTX customer funds that were missing in June 2025, five months

Transactions to and from Alameda Research's bank accounts show it often used FTX customer money to pay back loans, fund political donations, invest in other

The Mystery of FTX’s Missing $9 Billion Unraveled at SBF Trial

The crypto exchange FTX went

Alameda, FTX spending spree ‘must have come from customer

The crypto exchange FTX went bust last year after executives spent billions in customer funds they had promised to safeguard. The tab was $7.7 billion, a Wall Street