According to Bloomberg, the latest court documents show that Caroline Ellison, the former co-chief executive of Alameda Research, estimated that FTX.com had a cash deficit of more than $10 billion in about eight months before #FTX collapsed.

The documents also revealed that FTX executives and Ellison privately estimated last August that FTX.com owed customers more than $8 billion in fiat currency and was unable to repay this debt.

At present, Caroline Ellison has admitted to participating in the fraud and is actively cooperating with the prosecutor's investigation.