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Article • about 1 year ago

Former FTX CEO Sam Bankman-Fried to Testify in Court After Colleagues' Damning Testimonies: Report

Former FTX CEO Sam Bankman-Fried to Testify in Court After Colleagues' Damning Testimonies: Report
Summary
  • Former FTX CEO Sam Bankman-Fried will testify in court to rebut statements made by employees of FTX who provided damaging testimonies against him.
  • ex-Alameda Research CEO Caroline Ellison testified that she was directed by Bankman-Fried to commit fraud, and she alleged that about $14 billion worth of FTX customer funds were taken by Alameda under Bankman-Fried's direction.

Source: https://dailyhodl.com/2023/10/25/former-ftx-ceo-sam-bankman-fried-decides-to-testify-in-court-after-damning-testimonies-from-colleagues-report/

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