Sam Bankman-Fried grilled on 'cozy' relationship with Bahamas officials
Tuesday, 31 October 2023 During his fraud trial, FTX founder Sam Bankman-Fried was questioned about his relationship with Bahamian officials. The prosecutor sought to link favors done for the officials with Bankman-Fried's decision to allow FTX customers in the Bahamas to withdraw funds after withdrawals for others had been halted. Bankman-Fried, who is facing charges of fraud and conspiracy, denied offering to pay off the Bahamas' national debt but admitted to offering a job to the son of the Bahamian prime minister. He also stated that he could not recall whether he gave the prime minister and his wife seats at a Miami Heat game.
FTX Founder Testifies , About Alameda Research , Concerns Prior to Collapse.
ABC reports that Sam Bankman-Fried testified that he
expressed concerns Alameda Research could become
insolvent four months before FTX declared bankruptcy. .
ABC reports that Sam Bankman-Fried testified that...
Tuesday, 31 October 2023
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