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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.

Alameda Research used customer funds as early as 2019, Gary Wang testifies

Bombshell testimony from co-founder Gary Wang in court yesterday, who says Alameda used customer funds only months after inception.

The JPEX crypto scandal has resulted in hundreds of arrests, luxury asset seizures, and the creation of a crypto task force.

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.

Michael Lewis had more access to Sam Bankman-Fried than anyone, yet serves as a cautionary tale for all journalists in the trenches.