HomeUncategorizedLatest update — Former FTX CEO Sam Bankman-Fried trial [Day 12] By Cointelegraph

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 12] By Cointelegraph

October 19, 2023

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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.

Oct. 19: Former FTX legal counsel presents spreadsheet used to track $2.1 billion in loans to SBF, other execs

FTX’s former general counsel Can Sun was unaware of the exchange’s commingling of funds with Alameda Research, he told jurors on Oct. 19 as part of his testimony in Sam Bankman-Fried’s criminal trial.

Oct. 18: “Lawyers should do better than this” — Judge Kaplan

Oct. 18: Forensic analysis of Alameda and FTX accounts

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