FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried

Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research.

According to Bahamian court records filed on Dec. 14, Ryan Salame, the former co-CEO of FTX Digital Markets told the Securities Commission of the Bahamas (SCB) on Nov. 9 that FTX was sending customer funds to its sister trading firm Alameda Research.

He also told the SCB only three people had the access required to transfer client assets to Alameda: Former FTX CEO Sam Bankman-Fried, FTX co-founder Zixiao “Gary” Wang and FTX engineer Nishad Singh.

The allegation spurred SCB executive director Christina Rolle to contact the commissioner of the Royal Bahamas Police Force to request an investigation.

Related: Realized losses from FTX collapse peaked at $9B, far below earlier crises

The records reveal the first known instance of an executive from FTX or Alameda assisting authorities.

Speculation abounded on Dec. 4 as pictures purported to show Alameda CEO Caroline Ellison in a New York coffee shop a short walk away from the U.S. Attorney’s Office, leading some to believe she may have been cutting a deal with authorities in the wake of the FTX collapse.

A high-ranking executive at FTX’s Bahamian entity tipped off local regulators of potential fraud perpetrated at the cryptocurrency exchange just two days before the exchange was forced to close.

This story is developing and more information will be added as it becomes available.