According to ChainCatcher news, Adam Yedidia, a former senior engineer at FTX, testified in court on Thursday that he met with SBF in June 2022 (the eve of FTX’s collapse), during which he asked SBF about the status of FTX. SBF said, “Last year we were invulnerable. But this year We're not bulletproof. It could take six months to three years to correct this."
Later, SBF also told Adam Yedidia that SBF had attempted to raise funds from the UAE to bolster the trading platform’s cash reserves, but the efforts were unsuccessful.
Later, SBF also told Adam Yedidia that SBF had attempted to raise funds from the UAE to bolster the trading platform’s cash reserves, but the efforts were unsuccessful.