Sam Bankman Fried allegedly entertained a plan to raise capital from Saudi Crown Prince Mohammed bin Salman, according to former Alameda CEO Caroline Ellison in her testimony on Wednesday.
Spencer Platt/Getty Images
ED JONES/AFP via Getty Images
Brendan McDermid/Reuters
Michael M. Santiago/Getty Images
Fear, uncertainty, and doubt around Alameda Research’s relationship with his FTX cryptocurrency exchange caused Sam Bankman-Fried to consider shuttering the trading platform in 2022, according to an unpublished tweet thread revealed in his trial on Monday.
Michael M. Santiago via Getty Images
Tyler Le/Insider
- Sam Bankman-Fried said he was willing to destroy the world with a coin flip, Caroline Ellison said.
- She testified that SBF used the metaphor to illustrate his risk philosophy for Alameda investments.
- They lost a lot of money.
Imagine, if you will, a coin.
JANE ROSENBERG
JANE ROSENBERG