
Cryptocurrencies
Latest Update: Former FTX CEO Sam Bankman-Fried Trial [Day 12]
Cointelegraph reporters are covering the trial of former FTX CEO Sam “SBF” Bankman-Fried in New York. Below are the latest updates as the case progresses.
Oct. 19: Former FTX legal counsel presents spreadsheet tracking $2.1 billion in loans to SBF and other executives
During his testimony, FTX’s former general counsel Can Sun stated that he was unaware of the fund commingling between FTX and Alameda Research.
Oct. 18: "Lawyers should do better than this" — Judge Kaplan
Oct. 18: Forensic analysis of Alameda and FTX accounts
Oct. 10: Gary Wang is cross-examined; star witness Ellison takes the stand
Oct. 6: Gary Wang’s testimony continues, admitting to “special privileges” for FTX at Alameda
Oct. 5: Wang outlines the relationship between FTX and Alameda Research
Oct. 5: Yedidia’s cross-examination, focus on witness testimonies
Scenes from outside Bankman-Fried’s trial venue in New York.
Oct. 4: DOJ and Bankman-Fried’s defense present their arguments
Sign outside Bankman-Fried’s trial location in New York.
Oct. 3: SBF trial commences
Bankman-Fried’s trial is being held at a federal court in Manhattan.
Timeline:
- December: SBF arrested
- November: FTX collapses
Reflections on SBF and FTX before their downfall