Did Bankman-fried use FTX customers' money?

In a recording made in November 2022, at time when it was clear that Alameda was going to collapse, she is heard telling staff that it was Mr Bankman-Fried's idea to use FTX customers' money. How might the trial play out?

Was Bankman-fried worried about Alameda?

Adam Yedidia, a former FTX computer programmer who reported to Wang, testified that he expressed concern to Bankman-Fried in mid-2022 after learning that Alameda had borrowed $8 billion from the exchange. He said Bankman-Fried appeared worried and told him the companies were "not bulletproof" as they had been the year before.

Was FTX connected to Alameda Bank?

FTX’s unusually close financial ties to Alameda are a central issue in the case. Prosecutors contend that FTX routed customer accounts directly into a bank account controlled by Alameda, which was, on paper, not connected to FTX apart from having a common founder.

Did Alameda research use a 'backdoor' to withdraw money from FTX?

Former Alameda Research CEO Caroline Ellison is set to testify today. Months before the collapse of FTX, some of its U.S.-based employees discovered the so-called backdoor that Alameda Research allegedly used to withdraw billions of dollars of customer funds from the cryptocurrency exchange, people familiar with the matter said.