That SEC complaint, against former Alameda CEO Caroline Ellison and former FTX co-founder Gary Wang, said money wired to North Dimension by FTX clients for their own use wound up funding Alameda’s trading activities and Bankman-Fried’s other ventures instead.“Bankman-Fried had directed FTX to have customers send funds to North Dimension in an effort to hide the fact that the funds were being sent to an account controlled by Alameda,” the SEC said in the complaint.We collaborate with ambitious brands and people; we’d love to build something great together.” It could not be determined why FTX or Bankman-Fried appears to have created a fake online electronics retailer called North Dimension Inc. that FTX customers were advised to send their money to.Last week, responding to a request for information from four senators, Silvergate said it was reviewing transactions in accounts held at the bank that were associated with FTX entities.We have a track record of closing accounts that are used for purposes outside of their expected use.” Silvergate Bank did not immediately respond to a request for comment about the due diligence it conducted on North Dimension or whether it visited its website to verify its operations."