Sam Bankman-Fried asked FTX attorney to ‘come up’ with legal argument for $8B hole
According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing.
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According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing.
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16.
Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds.
The former FTX engineering director reportedly testified that SBF would "unilaterally spend Alameda's money” and was “ultimately” in charge of the firm rather than Caroline Ellison.
Lawyers for the FTX founder have asked if he can take long-release ADHD medication as he’s been unable to properly concentrate during his trial.
Former Alameda CEO Caroline Ellison recognized she wasn't doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay.
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses”.
Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX.