What we’ve learned from Sam Bankman-Fried’s trial so far
The trial of Sam Bankman-Fried, the founder of FTX, has presented a slew of astonishing revelations, ranging from SBF’s involvement in Washington to the purpose of the FTT token. Bankman-Fried stands accused of embezzling billions from FTX customers and investors, all while allegedly manipulating both the cryptocurrency market and the political system. The prosecution’s case has taken an unexpected turn with the introduction of fresh evidence that sheds light on Bankman-Fried’s alleged criminal intent and deceptive practices. In court, previously undisclosed posts emerged, revealing Bankman-Fried’s intentions to shutter his crypto hedge fund, Alameda Research, in 2022 and redirect his focus toward FTX. These revelations suggest he employed his former girlfriend, Caroline Ellison, as a front to conceal his involvement in both enterprises. You might also like: OKX to replace Okcoin brand in comprehensive rebranding effort Ellison’s damnin...
