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On the 12th day of the SBF Trial, former FTX General Counsel Can Sun testified about a $7 billion deficit in customer funds. Sun, who was responsible for crafting FTX's terms of service, expressed shock at the deficit and revealed that Sam Bankman-Fried had asked him for legal justifications. Sun also mentioned that Nishad Singh, a key witness and former head of engineering at FTX, looked emotionally drained days before the company's collapse.\nSun's testimony took a dramatic turn during a meeting with Bankman-Fried and others, where it was confirmed that FTX lacked sufficient funds to cover customer withdrawals. This meeting solidified Sun's suspicions that Alameda Research had misappropriated FTX customer deposits.\xa0\nThe day concluded with Robert Boroujerdi of Third Point stating that Bankman-Fried had omitted significant details that would have altered the firm\u2019s decision to invest $60 million in the now failed crypto exchange. That investment is now worth zero. The trial will resume in a week, adding more suspense to this unfolding legal drama.\n\nCatch up on Unchained\u2019s previous coverage:\xa0\n\nSBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF\u2019s Family\n\nSBF Trial, Day 2: DOJ Says Sam Bankman-Fried \u2018Lied\u2019 While Defense Claims His Actions Were \u2018Reasonable\u2019\n\nSBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact\n\nSBF Trial, Day 4: SBF\u2019s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda\u2019s Special Privileges\n\nSBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?\n\nSBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life'\n\nSBF Trial, Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?\n\nSBF Trial, Day 8: Former BlockFi CEO Adds Credibility to Fraud Charges\n\nSBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender\n\nSBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh's Testimony\n\nSBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole\n\nDid Sam Bankman-Fried Have Intent to Defraud FTX Investors?\n\nWhy These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to Testify\n\nHere\u2019s How Sam Bankman-Fried\u2019s High-Stakes Trial Could Play Out\n\nSBF Trial: How Sam Bankman-Fried\u2019s Lawyers Might Try and Win His Case\n\nThe High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices