đšBreaking: Alameda Research had "special privileges" at FTX, allowing them to spend $8 billion of customers' funds, according to Gary Wang, a former top lieutenant in Sam Bankman-Fried's empire. Wang testified that Bankman-Fried directed him to write code for FTX, giving Alameda's account balance the ability to fall below zero - a secret feature no other customer had!đ°
What do you think of this revelation?đ€ Let us know in the comments!đ
Wang is the first of at least three witnesses from Bankman-Fried's inner circle who pled guilty to financial crimes and are now testifying against him. This trial is getting more intense by the day!đ„
Stay tuned for more updates on this case!đ
