Transactions to and from Alameda Research's bank accounts show it often used FTX customer money to pay back loans, fund political donations, invest in other companies and buy property, an expert witness for the prosecution testified in the ongoing criminal trial of Sam Bankman-Fried on Wednesday.

Peter Easton, an accounting professor at the University of Notre Dame, told the court he analyzed bank and crypto transactions between the FTX exchange, its sister trading company Alameda Research and third parties. Easton said he had prior experience with crypto, as he worked on the a court case between the Securities and Exchange Commission and Ripple Labs.

Easton gave an emphatic "Oh yes!" when he was asked by Assistant U.S. Attorney Nicolas Roos if customer money had been spent. 

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