> Ellison worked for Jane Street prior to FTX. Had I been in her position I would have How did they come to "start using customer funds"? Prices went down and

> Ellison worked for Jane Street prior to FTX. Had I been in her position I would have How did they come to "start using customer funds"? Prices went down and they lost a lot of money, likely in the region of $20bn-$40bn in the 6 months before they went for the customer funds. They were "buying the dip" and it never came, only the next move down was with even bigger positions and even bigger losses. She knew exactly what she was doing - she might actually be more guilty than SBF. Ellison thought crypto prices would rise again, allowing Alameda to balance things out, but that "did not work out," she responded, before giggling.