⚡ FTX and Thai Prostitutes: Scheme from the Bankrupt Exchange

During her court deposition, Caroline Ellison revealed the extraordinary lengths her company went to in an attempt to recover $1 billion frozen on Chinese exchanges.
Initially, the team sought legal representation but, after an unsuccessful attempt to bribe a Chinese official, they opted for a different approach.

They devised a clever strategy, creating a multitude of fictitious accounts on the relevant exchanges, using the identities of Thai prostitutes. Gradually, they transferred funds from the frozen account by engaging in trading activities.

"We tried to basically have our main account lose money and have those other accounts make money," Caroline explained.

Even Elon Musk couldn't resist commenting on this saga, suggesting that selling the rights to adapt this "soap opera" could potentially aid some of the affected investors in recovering their assets.