Tuesday, November 26, 2024
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Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang

Gary Wang, FTX’s co-founder and former chief technology officer, again appeared in court on the fourth day of the criminal trial of former CEO Sam “SBF” Bankman-Fried to speak on the connections between the crypto exchange and Alameda Research.According to reports from Inner City Press, Wang returned to a New

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Sam Bankman-Fried Ordered ‘Special Privileges’ for Alameda, FTX Co-Founder Gary Wang Testifies

Taking the stand in an ill-fitting black suit, Wang, who co-founded both companies with Bankman-Fried, said that in July 2019, just shortly after the exchange opened for business, Bankman-Fried directed him to write code for FTX that would let Alameda’s account balance fall below zero. It was a secret feature

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College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial

On the third day of the criminal trial for Sam “SBF” Bankman-Fried, the former CEO’s roommate at MIT and FTX developer Adam Yedidia testified about the $8-billion deficit the crypto exchange reported prior to its bankruptcy.According to reports from Inner City Press from the United States District Court for the

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