Autism Capital: SBF instructs FTX executives to allocate around $8 billion in debt from Alameda to accounts in the system under "Korean friends"

Cryptocurrency KOL Autism Capital tweeted that after reviewing all the data again, it was discovered from the CFTC documents that, to some extent, in order to mitigate the risk of Alameda's massive debt being discovered, at the direction of SBF, FTX executives reallocated approximately $8 billion of Alameda's debt to two customer accounts within the FTX system, which SBF later referred to as "our Korean friends' account" and/or "weird Korean account". Technically a sub-account of Alameda, but unlike Alameda's other sub-accounts on FTX, it was not opened with the identifier "@alameda-research.com" and was not easily recognizable as a related account of Alameda. Therefore, on FTX's books, Alameda's $8 billion debt was no longer visible.

The crypto KOL Autism Capital tweeted stating that after reviewing all the information again, it was discovered from CFTC documents that to mitigate the significant risk of Alameda's massive debt being exposed, under the direction of SBF, FTX executives reallocated around $8 billion of Alameda's debt to two customer accounts within the FTX system, which SBF later referred to as "our Korean friends' account" and/or "strange Korean account." Technically, this was a sub-account of Alameda, but unlike Alameda's other sub-accounts on FTX, it was not opened with the identifier "@alameda-research.com" and was not easily recognizable as a relevant account of Alameda. Therefore, on FTX's books, Alameda's $8 billion debt was no longer visible.

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