FTX deposits went to account managed by Alameda for months, Yedidia testifies

Adam Yedidia, Sam Bankman-Fried’s school roommate and an early worker of FTX, continued his testimony on Oct. 5, the second day of former FTX CEO Bankman-Fried’s trial in New York. Yedidia was testifying for the prosecution with immunity.

Below examination by Assistant U.S. Legal professional Danielle Sassoon, Yedidia instructed the courtroom that he began as a dealer for Alameda Analysis after which labored for FTX as a software program developer from January 2021 by way of November 2022, when he resigned. Within the Bahamas, Yedidia was one of many “folks of the home” — the ten individuals who shared a big condominium within the luxurious Albany Resort. He reported to former FTX engineering director Nishad Singh and “informally” to FTX co-founder Gary Wang and Bankman-Fried.

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