Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 6]
Cointelegraph
Published Oct 11, 2023 01:39PM ET
Updated Oct 11, 2023 05:40PM ET
Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As the saga unfolds, check below for the latest updates.
In her second day of testimony at the Sam Bankman-Fried trial on Oct. 11, Caroline Ellison provided more information regarding the months leading up to the anticipated FTX debacle in November 2022. Lenders required Alameda Research to repay millions in loans in mid-June following the market downturn in May, according to Ellison. "I was very stressed out," she said.
h3 Oct. 5: Gary Wang details relationship between FTX and Alameda Research/h3 h3 Oct. 5: Yedidia cross-examination, witness testimonies in focus/h3Continue Reading on Coin Telegraph
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Written By: Cointelegraph
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