WuBlockchain

SBF responded in court and denied defrauding anyone and taking customer funds. He said the biggest mistake was not having a dedicated risk management team; he said Alameda allowed borrowing money from the FTX exchange, basically from margin traders. He claimed that Alameda has made billions of dollars in arbitrage profits over the past few years.   t.co/RJgrwvO1Sa

SBF told the court that when FTX was in its infancy, it had intended to sell the company to Binance. SBF also said he started buying SOL early, at 20 cents per coin, and that SOL peaked at nearly $260.

  decrypt.co/203544/sam-bankman-...

  www.coindesk.com/markets/2023/...