Sam Bankman-Fried Admits Risk Using FTX Funds To Settle Alameda Research Debt  

Sam Bankman-Fried, the face behind crypto giants FTX and Alameda Research, acknowledged his awareness of the potential risks tied to the controversial decision to use the former's funds to repay the latter's debts. This concession came during the intense cross-examination by Assistant U.S. Attorney Danielle Sassoon on the third day of Bankman-Fried's testimony.

https://www.benzinga.com/markets/cryptocurrency/23/10/35502345/sam-bankman-fried-admits-risk-using-ftx-funds-to-settle-alameda-research-debt?utm_source=snapi