But it’s early days yet, in a trial that could last six weeks. It’s still unknown whether Bankman-Fried, sporting a new haircut, will testify. Mariotti, along with a seeming majority of lawyers, said that would be a gamble at best and like disastrous. Gary Wang, FTX co-founder and longtime friend to SBF, already admitted to committing fraud on the stand, referencing the “special privileges” offered to trading shop Alameda on FTX. While a ex-FTX developer Adam Yedidia said he quit in November 2022 after learning of the scheme to “defraud” customers, a strong point that was stricken from the record.
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- Source: https://www.coindesk.com/consensus-magazine/2023/10/06/what-happened-during-sam-bankman-frieds-first-week-in-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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