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Sam Bankman-Fried Ordered ‘Special Privileges’ for Alameda, FTX Co-Founder Gary Wang Testifies

October 6, 2023
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Taking the stand in an ill-fitting black go well with, Wang, who co-founded each corporations with Bankman-Fried, stated that in July 2019, simply shortly after the alternate opened for enterprise, Bankman-Fried directed him to jot down code for FTX that will let Alameda’s account steadiness fall beneath zero. It was a secret function that no different buyer of the crypto alternate had, the insider-turned-government witness stated.



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Tags: AlamedaBankmanFriedCoFounderFTXGaryOrderedprivilegesSamspecialTestifiesWang
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