wired.com
In October of last year, Bankman-Fried, the MIT-educated son of two Stanford Law School professors, was one of the highest-profile CEOs in the world. After founding FTX just four years ago, he built it into one of the world’s largest cryptocurrency exchanges, amassing billions and becoming a power player in the worlds of celebrity and politics. In November, a series of investigations alleged that FTX had been funneling customer money to its sister company, crypto hedge fund Alameda Research, and…
7 months ago
wired.com
In October of last year, Bankman-Fried, the MIT-educated son of two Stanford Law School professors, was one of the highest-profile CEOs in the world. After founding FTX just four years ago, he built it into one of the world’s largest cryptocurrency exchanges, amassing billions and becoming a power player in the worlds of celebrity and politics. In November, a series of investigations alleged that FTX had been funneling customer money to its sister company, crypto hedge fund Alameda Research, and…
7 months ago
wired.com
Today, at the end of Ellison’s testimony during the trial of Sam Bankman-Fried, or SBF for short, prosecutor Danielle Sassoon asked why she had qualified her answer. The “I guess,” explained Ellison, was just a vocal tic. It wasn’t a question. It had been Bankman-Fried’s idea the entire time, she alleged.
It was an appropriate ending to the much anticipated testimony of the prosecution’s star witness, who was both Bankman-Fried’s on-again off-again romantic partner and alleged partner in crime.…
7 months ago
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