Gary Wang, former CTO at FTX, testified in court about the financial operations of Alameda Research and its association with FTX. He raised concerns about the handling of FTX tokens and the company's financial transparency. Wang confirmed that Alameda Research did not reflect withdrawals from FTX in the fiat account and had a line of credit of $65 billion, but did not draw down nearly that amount. He also revealed that he received more than $200 million in loans from Alameda, of which he used $200,000 to purchase a house.