Sam Bankman-Fried Urged FTX Attorney to Develop Legal Argument for $8B Shortfall

Former FTX CEO Sam Bankman-Fried directed former general counsel Can Sun to devise a legal justification for the significant $8 billion discrepancy in Alameda Research’s finances, as revealed by Sun’s testimony in court on October 19.

Sun traveled from Japan to testify under a nonprosecution agreement with the United States Department of Justice. During his appearance, he disclosed that he became aware of the massive financial gap between the two entities on November 7 when he received a spreadsheet outlining the debt. Sun expressed his surprise to the jurors, stating, “I was shocked.”

### Upcoming Developments in Sam Bankman-Fried’s Trial