SBF: Alameda Borrowed Billions from FTX

Former FTX CEO Sam Bankman-Fried (SBF) said in an interview with the New York Times that "Alameda has accumulated a large margin position on FTX, which basically means that it has borrowed funds from the exchange," which he called the scale of several. billion, but declined to provide further details. In addition, SBF stated that his circle of close colleagues is about 15 people. "Factually, I don't think anyone can maintain close contact and close communication with more than 15 people."