He gave the impression of an extraordinarily serious elf, in a suit and glasses, and was a deliberate speaker, taking a beat after questions to think before bobbing his head close to the microphone to answer.
For a period of time, customer deposits in the form of wire transfers went to a bank account called “North Dimension,” which was controlled by Alameda Research.
We got some other details on Bankman-Fried’s personal life “Sometime in early 2019, the defendant told me that he and Caroline [Ellison] had had sex and asked if it was a good idea for them to date,” Yedidia said.
Huang’s testimony was immediately followed by Bankman-Fried’s alleged co-conspirator (and other former roommate) Gary Wang, who walked stiffly into the courtroom and appeared frankly miserable.
“We gave special privileges to Alameda Research on FTX, which allowed it to withdraw unlimited amounts of funds from the platform, and we lied about this to the public,” Wang said.
When Wang testified that Alameda Research had been so named because it obscured that the firm dealt with crypto, making it easier to get a bank account, that testimony was followed by video of Bankman-Fried saying substantially the same thing on a Blockworks podcast.
The original article contains 1,859 words, the summary contains 202 words. Saved 89%. I’m a bot and I’m open source!
This is the best summary I could come up with:
He gave the impression of an extraordinarily serious elf, in a suit and glasses, and was a deliberate speaker, taking a beat after questions to think before bobbing his head close to the microphone to answer.
For a period of time, customer deposits in the form of wire transfers went to a bank account called “North Dimension,” which was controlled by Alameda Research.
We got some other details on Bankman-Fried’s personal life “Sometime in early 2019, the defendant told me that he and Caroline [Ellison] had had sex and asked if it was a good idea for them to date,” Yedidia said.
Huang’s testimony was immediately followed by Bankman-Fried’s alleged co-conspirator (and other former roommate) Gary Wang, who walked stiffly into the courtroom and appeared frankly miserable.
“We gave special privileges to Alameda Research on FTX, which allowed it to withdraw unlimited amounts of funds from the platform, and we lied about this to the public,” Wang said.
When Wang testified that Alameda Research had been so named because it obscured that the firm dealt with crypto, making it easier to get a bank account, that testimony was followed by video of Bankman-Fried saying substantially the same thing on a Blockworks podcast.
The original article contains 1,859 words, the summary contains 202 words. Saved 89%. I’m a bot and I’m open source!