HomeUncategorizedLatest update — Former FTX CEO Sam Bankman-Fried trial [Day 6] By Cointelegraph

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 6] By Cointelegraph

October 12, 2023

[ad_1]



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.

The cross-examination of Caroline Ellison started in the Southern District Court of New York on Oct. 12, with the former CEO of Alameda Research discussing the decision-making process between Alameda and FTX, as well as how her romantic relationship with Bankman-Fried played a role in the events leading up to the exchange’s collapse.

Oct. 10: Gary Wang is cross-examined, star witness Ellison enters

Oct. 6 Gary Wang’s testimony continues admits to “special privileges” given to FTX on Alameda

Oct. 5: Wang details relationship between FTX and Alameda Research

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

Scenes from outside Bankman-Fried’s trial location in New York. Source: Ana Paula Pereira/Cointelegraph

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

A sign outside Bankman-Fried’s trial location in New York. Source: Ana Paula Pereira/Cointelegraph

Oct. 3: SBF trial begins

Bankman-Fried’s trial will take place in a Manhattan federal court. Source: Ana Paula Pereira/Cointelegraph

December: SBF arrested

November: FTX collapses

SBF and FTX before the fall