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The FTX trial, days 15–16: Sam Bankman-Fried doesn't recall
Bankman-Fried comes off as sullen and cagey in his cross-examination in front of the jury.
Molly White is a researcher, software engineer, and prominent critic of cryptocurrencies and blockchain-based projects.
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Bankman-Fried comes off as sullen and cagey in his cross-examination in front of the jury.
Newsletter
Taking the stand before the jury for the first time, Sam Bankman-Fried recounts familiar events we've heard described by previous witnesses, but gives a very different version of those stories.
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After a few other brief witnesses, it was time for the main event — or, at least, a preview of it.
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If you're dying to hear about today's events at the FTX trial, here's a livestream to hold you over until I can write!
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I'm taking this show on the road to hear Sam Bankman-Fried testify in person.
Crypto recaps
Reddit MOONs aren't mooning, and people can't tell if TrueUSD is telling the truth. Also, a crypto project feels the industry's initial ambition to create "the new internet" is hopeless.
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Is the defense team doing as poorly as it looks, or do they have a trick up their sleeves?
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Sam Bankman-Fried's direct messages to a journalist about "unethical shit" were admitted as evidence, much to the dismay of his legal team.
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The defense team finally scores a few points, and cell phone records reveal Bankman-Fried's extensive influence tour in Manhattan.
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Singh testified that Bankman-Fried pressured him into trying to dig FTX out of a hole he didn't even know about until the very end.
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BlockFi CEO testifies that the company wouldn't have loaned to Alameda Research if they had any idea what was really going on
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Recordings of the now infamous all-hands meeting capture Caroline Ellison admitting to conspiring with Sam Bankman-Fried to misappropriate FTX customer funds.
Crypto recaps
The crypto news outside of the FTX trial is... just more lawsuits against all the other crypto company founders.
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"Alternate" balance sheets, bribes, Saudi financing, and a painfully intertwined personal and professional life were among the topics described by Sam Bankman-Fried's former employee and girlfriend.
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Caroline Ellison testifies about Sam Bankman-Fried's appetite for risk, involvement in Alameda Research, and even his presidential aspirations.
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The jury got a taste of code review as they examined a falsified "insurance fund" and the infamous FTX → Alameda Research "backdoor".