The Latest Breaking News from Sam Bankman-Fried

A year ago, Sam Bankman-Fried (often called “SBF”) was on top of the world. He had been on the covers of Forbes, which dubbed him “the richest twentysomething in the world”, and Fortune – the equivalent, for a business leader, of a rock star on Rolling Stone, or an athlete…

Defense lawyers typically tell their clients not to take the stand—Sam Bankman-Fried’s case could be the exception.

“The amount of customer deposits held in Alameda Research and FTX.com accounts was way less than was owed to customers on FTX,” testified accounting professor Peter Easton on Wednesday.

Now, Bankman-Fried is back in the Big Apple—but for very different reasons.

Lawyers say the FTX cryptocurrency exchange founder’s daily dose wears off quickly

"It was for advantageous optics," former FTX engineering chief Nishad Singh testified on Monday.

While Bankman-Fried lounged on a white chaise chair, Singh realized that FTX was not force for good but had "turned out to be so evil."

Top lieutenant Nishad Singh testified that the FTX founder liked the apartment because he "is a fan of views."

Caroline Ellison testified about bribery, FTT, Thai prostitutes, and her surprisingly small equity package.