SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole

This podcast episode delves into the expert testimony presented in the criminal trial against Sam Pinkman-Fried, highlighting the alleged mismanagement of customer funds and other financial misconduct at FTX and Alameda. Witnesses, including accounting expert Peter Easton, provided detailed analyses of bank accounts, blockchain records, and other financial documents, revealing a gap of approximately $9 billion between FTX's assets and its liabilities at the time of its collapse. The analysis also exposes the interconnectedness of FTX and Alameda and the alleged use of customer funds for various purposes, including investments, political donations, real estate purchases, and Alameda's own expenditures.