The FTX co-founder and Alameda CEO didn’t hold back at SBF’s trial (Chain Reaction)
Equity - A podcast by TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Rebecca Szkutak
Alex joined Jacquelyn Melinek on Chain Reaction to dive back into the Sam Bankman-Fried trial and what has transpired in its second week. Major witnesses who were involved in the downfall of FTX and its sister company Alameda testified like Gary Wang, CTO and cofounder of FTX, and Caroline Ellison, CEO of Alameda. The two of them plead guilty to a number of charges and could face maximum sentences of 50 to 110 years, respectively. It’s also worth noting Wang and Ellison testified as part of a cooperation agreement for pleading guilty. Jacquelyn and Alex talk about key points from the trial, anecdotes that you can’t read on a transcript and what she anticipates from both the prosecutors and defense going forward.
