FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege

FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege

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None Alameda Research borrowed billions of dollars of customer funds from FTX exchange. • None The firm's liabilities were then masked under a pseudonym account on FTX. • None Caroline Ellison and Gary Wang have pleaded guilty to numerous counts of fraud. The case of "where did the money go" is…

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