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Fortune

Ben Weiss

The last week of FTX, according to the private messages of Sam Bankman-Fried, Caroline Ellison, Gary Wang, and Nishad Singh

Sam Bankman-Fried Nishad Singh Caroline Ellison FTX Gary Wang Danielle Sassoon Nicolas Roos Alameda Alameda Research Ryne Miller

A court sketch of Sam Bankman-Fried from Oct. 16, 2023. (Credit: Jane Rosenberg—Reuters)

Breathe. We’ve finally reached a pause in Sam-Bankman-Fried-palooza, as the trial of the former CEO of the now-bankrupt crypto exchange FTX is on recess until Thursday.

Prosecutors for the Southern District of New York started off small, calling a French cocoa bean trader to the stand to testify that he lost approximately $100,000 after FTX suddenly collapsed in November. But right after, the Justice Department brought out the big guns, including the three FTX insiders who flipped on Bankman-Fried soon after employees fled the Bahamas in November.

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