Former FTX CEO Sam Bankman-Fried’s Trial: Latest Updates
In New York, the trial of former FTX CEO Sam “SBF” Bankman-Fried is underway. Our Cointelegraph reporters are on the ground, providing you with the latest updates as this intriguing saga unfolds.
Oct. 10: Cross-Examination of Gary Wang and Entry of Star Witness Ellison
During Sam Bankman-Fried’s trial, Gary Wang faced cross-examination, shedding light on crucial details. Additionally, a star witness named Ellison made an entrance, adding more intrigue to the proceedings.
Oct. 6: Gary Wang’s Testimony Continues, Admitting to Alameda’s “Special Privileges”
Continuing his testimony, Gary Wang revealed the existence of “special privileges” granted to FTX on Alameda. These revelations provide further insight into the relationship between the two entities.
Oct. 5: Wang Details FTX and Alameda Research Relationship
On October 5th, Gary Wang provided detailed information about the relationship between FTX and Alameda Research. This testimony sheds light on the dynamics between the two organizations.
Oct. 5: Yedidia Cross-Examination and Witness Testimonies in Focus
During this hearing, Yedidia faced cross-examination, and witness testimonies took center stage. These testimonies are expected to provide crucial evidence for the trial.
Oct. 4: Arguments Presented by DOJ and Bankman-Fried’s Defense
On October 4th, both the Department of Justice and Bankman-Fried’s defense presented their arguments. This pivotal moment in the trial set the stage for further proceedings.
Oct. 3: The Trial Begins
The trial of Sam Bankman-Fried commenced on October 3rd at a federal court in Manhattan. This marks the official start of the legal proceedings.
December: SBF Arrested
In December, Sam Bankman-Fried was arrested, leading to a significant turning point in his personal and professional life.
November: FTX Collapses
During November, FTX, the cryptocurrency exchange formerly led by Bankman-Fried, faced a collapse, causing ripples throughout the industry.
SBF and FTX Before the Fall
Exploring the period leading up to the downfall, this section sheds light on the state of affairs involving Bankman-Fried and FTX.
Stay tuned as we bring you more updates on this captivating trial.
