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TechFlow news, citing Reuters, reports that Alameda suffered heavy market losses in May. To support Alameda, SBF transferred at least $4 billion from FTX, funds secured by assets including FTT and Robinhood shares, part of which consisted of customer deposits. Other FTX executives were unaware of this move.Original link
Alameda was hit hard by the market in May. To support Alameda, SBF transferred at least $4 billion from FTX, funds secured by assets such as FTT and Robinhood shares, part of which consisted of customer deposits. Other FTX executives were unaware of this move.
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