Key Insights: The infamous FTX court trial continued at Federal Court in New York City, U.S, on October srcsrc, 2023, with fresh updates uncovered. Court filings show that Sam-Bankman Fried believed Binance, led by CEO Chanpeng Zhao, had leaked Alameda’s balance sheet to the media in 2022. The leaked document triggered a bank run on
Business * Key Insights:
The infamous FTX court trial continued at Federal Court in New York City, U.S, on October srcsrc, 2023, with fresh updates uncovered.
Court filings show that Sam-Bankman Fried believed Binance, led by CEO Chanpeng Zhao, had leaked Alameda’s balance sheet to the media in 2022.
The leaked document triggered a bank run on FTX, leading to its collapse.
Sam-Bankman Fried’s criminal court trial continued in New York on October src2, 2023. An FTX internal document was revealed during court proceedings showing Sam Bankman-Fried believed that Binance was responsible for leaking Alameda Research’s balance sheet to the media in 2022.