by Victoria Bekiempis in New York on (#6FBRC)
Gary Wang says Bankman-Fried had neutral demeanor' when told crypto exchange had lost billions days before collapseSam Bankman-Fried was not surprised to discover a huge $8bn shortfall in the days before the collapse of FTX, his now bankrupt cryptocurrency exchange, according to testimony from his former business partner.The testimony came from Gary Wang, the co-founder of FTX, during his second day on the witness stand in Bankman-Fried's fraud trial. Bankman-Fried is facing seven counts of conspiracy and fraud over the dramatic collapse of FTX and its associated hedge fund, Alameda Research. Continue reading...