Newest replace — Former FTX CEO Sam Bankman-Fried trial [Day 6]

Cointelegraph reporters are on the bottom in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. Because the saga unfolds, verify beneath for the most recent updates.

In her second day of testimony on the Sam Bankman-Fried trial on Oct. 11, Caroline Ellison offered extra info relating to the months main as much as the anticipated FTX debacle in November 2022. Lenders required Alameda Analysis to repay tens of millions in loans in mid-June following the market downturn in Could, in accordance with Ellison. “I used to be very wired,” she mentioned.

Oct. 5: Gary Wang particulars relationship between FTX and Alameda Analysis

Oct. 5: Yedidia cross-examination, witness testimonies in focus

Oct. 4: DOJ and Bankman-Fried’s protection state their arguments

Oct. 3: SBF trial begins

December: SBF arrested

November: FTX collapses

SBF and FTX earlier than the autumn

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