CoinVoice has recently learned that on October 6, according to CoinDesk, a witness in the SBF trial stated that a software error caused by FTX’s unusual way of handling customer deposits exaggerated the amount of $8 billion that Alameda owed to the trading platform’s customers.

A key part of this is banking, with former FTX developer Adam Yedidia telling the court that in FTX's early days, its customers deposited fiat currency by sending money to Alameda rather than directly with FTX. This unusual relationship complicated how the company tracked debts owed to customers. Yedidia said there was a bug in the accounting software that, by June 2022, showed that Alameda owed far more money than it actually did. [Original link]