Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

• Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research earlier this year, sources told Reuters.

• The money included customer funds as well as those backed by FTX’s native token FTT and shares in Robinhood. 

• The Wall Street Journal reported FTX lent more than half of its $16 billion in customer funds to Alameda in total.

Sam Bankman-Fried transferred at least $4 billion from FTX to Alameda…