Sam Bankman-Fried’s $500M stake in AI startup ‘irrelevant’, prosecutors say
The $500M investment in Anthropic is “immaterial” to the case, Bankman-Fried’s lawyers argued, even if it could make FTX customers whole.
The $500M investment in Anthropic is “immaterial” to the case, Bankman-Fried’s lawyers argued, even if it could make FTX customers whole.
Bombshell testimony from co-founder Gary Wang in court yesterday, who says Alameda used customer funds only months after inception.
Bankman-Fried’s mother Barbara could be seen removing her glasses, bowing her head, and grinding her fists into her eyes for minutes on end.
Sam Bankman-Fried’s childhood friend Gary Wang has kept out of the spotlight. What do we know about the elusive co-founder and his testimony?
Day two of Sam Bankman-Fried’s trial included testimony from Adam Yedidia, who said he left FTX when he learned customer funds were misused.