FTX employees discovered a hidden access for Alameda Research, which allowed the company to withdraw funds from FTX clients, six months before the collapse of the crypto exchange. The hidden access was discovered in May 2022, and FTX management fired the team leader who discovered the access. The auto-destruction problem for Alameda was never resolved, and the head of the team that discovered the problem was fired in August 2022. FTX's former CEO, Sam Bankman-Fried, is currently on trial in New York, and his lawyers claim he did not commit fraud. 🕵️‍♂️💼