Latest Update — Former FTX CEO Sam Bankman-Fried Trial [Day 11]

Updates from the Sam Bankman-Fried Trial in New York

Reporters are actively covering the trial of former FTX CEO Sam Bankman-Fried in New York. Here are the latest developments:

Oct. 18: Forensic Analysis of Alameda and FTX Accounts

Accounting expert Peter Easton is providing a detailed analysis of the financial entanglements between FTX and Alameda Research dating back to 2021. Easton, specializing in forensic financial analysis, is testifying today in the Southern District Court of New York as part of Bankman-Fried’s criminal proceedings.

Oct. 10: Cross-Examination of Gary Wang and the Introduction of Star Witness

Gary Wang’s cross-examination took place, and key witness Caroline Ellison has entered the proceedings.

Oct. 6: Gary Wang Continues Testimony

Wang’s testimony reveals that Alameda received “special privileges” from FTX.

Oct. 5: Relationship Between FTX and Alameda Research

Wang elaborates on the ties and interactions between FTX and Alameda Research.

Oct. 5: Focus on Witness Testimonies

The cross-examination of Yedidia and other witness testimonies remain a focal point.

Oct. 4: Arguments from DOJ and Bankman-Fried’s Defense

The Department of Justice and Bankman-Fried’s legal team present their respective arguments in court.

Oct. 3: Trial Commences

The trial against Bankman-Fried officially begins in a Manhattan federal court.

Timeline of Events

• December: Bankman-Fried is arrested.
• November: FTX faces a significant collapse.

This trial marks a critical moment in the unfolding saga surrounding the fall of FTX and its former CEO.