Thursday, October 5, 2023

FTX's Sam Bankman-Fried demanded special privileges for his hedge fund, fraud trial told

FTX founder Sam Bankman-Fried is seen outside a Manhattan federal court in August 2023.

Sam Bankman-Fried's college roommate and ex-colleague, Gary Wang, testified on Thursday at the FTX cryptocurrency exchange founder's fraud trial that Bankman-Fried told him to give a hedge fund they co-owned special trading privileges on FTX.



source https://www.cbc.ca/news/world/ftx-fraud-trial-hedge-fund-1.6988304?cmp=rss
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