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Reuters reported Friday that FTX founder and former CEO Sam Bankman-Fried had secretly transferred $10 billion of customer funds from FTX to Alameda.
Ellison told employees in a video meeting on Wednesday that she, Bankman-Fried, and two other executives, Nishad Singh and Gary Wang were aware of the decision to move customer funds to Alameda, the Journal said, citing people familiar with the matter.
FTX filed for U.S. bankruptcy protection early Friday and Bankman-Fried resigned as chief executive.
FTX and Alameda Research did not immediately respond to Reuters’ requests for comment.
