📢 Fast news about the FTX lawsuit: The first witness speaks up!

- Marc-Antoine Julliard, a London cocoa bean trader who lost $100,000 due to the bankruptcy of cryptocurrency exchange FTX, was the first witness in the trial of Sam Bankman-Fried (SBF), who Founder and former CEO of FTX.

- Julliard said he chose FTX in 2021 to invest in cryptocurrencies and did not participate in lending, borrowing or margin trading programs that FTX offers.

- Julliard helps the prosecution team present why they believe FTX customers were led to believe their assets were safe on the platform while SBF and his associates abused their funds .

- Adam Yedidia, SBF's friend from MIT, is the second witness. He worked as a software engineer at FTX and left the company after learning that Alameda had used FTX customers' deposits to repay creditors.

- SBF's lawyer, Mark Cohen, said that FTX's customers are responsible for their decisions to buy and hold cryptocurrency, and that SBF is not defrauding anyone.