Sam Bankman-Fried replied 'Yep' when FTX's top lawyer told him there was no legal justification for taking customer funds, attorney testified

Tech Insider
SBF

Chelsea Jia Feng/Insider

Judge in Sam Bankman-Fried trial reams out lawyers for having witnesses 'hauled up here' from across the country without much to say

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SBF

Chelsea Jia Feng/Insider

Millennials and Gen Z are banking on an inheritance from their boomer parents. That's a big mistake.

Tech Insider : Economy
A dollar cake is being cut up by old and wealthy people.
Boomers are rolling in financial assets. But they are probably going to spend all their savings before they can pass anything down to their children.

Chelsea Jia Feng/Insider

'I'd been suicidal for days': Sam Bankman-Fried lieutenant testifies about immense pressure to keep FTX crypto scam going — before it all crashed

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Sam Bankman-Fried.

Chelsea Jia Feng

  • Nishad Singh was the top engineer at FTX. 
  • He testified at the Sam Bankman-Fried trial that he was 'suicidal' over the crypto scam. 
  • At one point, he said, Alameda borrowed $13 billion from FTX  — which it didn't have. 

Nishad Singh thought he misunderstood.

Elon Musk’s worst nightmare

Tech Insider
A collage of Missy Cummings, Elon Musk, and self driving cars.
Missy Cummings flew fighter jets for the Navy. Now, as a leading expert on automation and AI, she's taking aim at self-driving cars.

Chelsea Jia Feng/Insider

The bad math behind Harvard's refusal to do away with legacy admissions

Tech Insider : Economy
A wall containing family pictures, and a Harvard Certificate
The explosion of endowments at elite colleges has allowed many forward-looking schools to drop their legacy admissions preference with no signs of financial suffering.

Chelsea Jia Feng/Insider

FTX co-founder Gary Wang agreed to cooperate in Sam Bankman-Fried case in his first meeting with prosecutors: 'I thought I was likely to be charged'

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gary wang sam bankman fried trial court
Gary Wang testifies during Sam Bankman-Fried fraud trial over the collapse of FTX, the bankrupt cryptocurrency exchange.

REUTERS/Jane Rosenberg

The same day SBF promised his hedge fund wasn't getting special treatment, FTX gave it an unlimited line of credit — which other customers didn't get

Tech Insider : Crypto
Gary and SBF
Gary Wang and SBF.

Chelsea Jia Feng/Insider

Caroline Ellison was 'terrified' of Sam Bankman-Fried when she started working at Alameda

Tech Insider : Crypto
SBF and Caroline
As the former head of Alameda Research, Ellison shares both personal and professional ties to Sam Bankman-Fried.

Chelsea Jia Feng/Insider

Sam Bankman-Fried trial: Prospective jurors dismissed after sharing stories of losing money on crypto investments

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SBF
FTX founder Sam Bankman-Fried is on trial for fraud.

Chelsea Jia Feng/Insider

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