Former FTX Lawyer Says He Was Shocked to Learn FTX Lent Billions in Customer Funds to Alameda
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Former FTX lawyer Sun testified FTX was missing $7B in customer funds 4 days before bankruptcy.
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Sun said Bankman-Fried asked him to find "legal justifications" for missing funds.
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Sun learned FTX lent $2.2B in customer funds to Alameda, used for investments and donations.
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Sun testified he was shocked to learn of missing funds, Bankman-Fried said funds were kept safe.
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Prosecution expected to rest case Oct. 26; Bankman-Fried pleads not guilty to fraud charges.