Former Alameda Research CEO Caroline Ellison recently broke the news in court that FTX founder Sam Bankman-Fried had instructed her to commit fraud and exposed Alameda's misappropriation of FTX customer funds. According to Ellison, Alameda obtained funds from FTX to make its own investments, totaling up to $14 billion. She also revealed that Alameda had an “essentially unlimited” line of credit at FTX and that Bankman-Fried was the one who set up those systems.

This revelation attracted widespread attention, and everyone questioned the behavior of FTX founder Sam Bankman-Fried. What do you think of this incident? Feel free to speak freely in the comment area! In the meantime, follow us on Twitter and Telegram for more updates on the cryptocurrency market!