- Summary- Companies- FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda - sources- Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda - sources- Spreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sources- Executives set up book-keeping "back door" that thwarted red flags - sources- Whereabouts of missing funds is unknown - sourcesNew York, Nov 11 (Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.Customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX's digital token, worth at least $580 million, "due to recent revelations."That Sunday, Bankman-Fried held a meeting with several executives in the Bahamas capital Nassau to calculate how much outside funding he needed to cover FTX's shortfall, the two people with knowledge of FTX's finances said.Bankman-Fried showed several spreadsheets to the heads of the company's regulatory and legal teams that revealed FTX had moved around $10 billion in client funds from FTX to Alameda, the two people said.On Friday, FTX said it had turned over control of the company to John J. Ray III, the restructuring specialist who handled the liquidation of Enron Corp – one of the largest bankruptcies in history."