Gary Wang

Nikhilesh De of CoinDesk joins the podcast to discuss the ongoing trial of Sam Bankman-Fried. The interesting topics covered include the testimony of witnesses Gary Wang and Carolyn Ellison. They explore the implications of lying in the trial, Carolyn's testimony and her portrayal of her relationship with Bankman-Fried, Ellison's testimony about alleged Chinese government bribery, a funds freezing scheme, wire fraud rumors, and the judge's frustration during the trial. The podcast also analyzes the trial proceedings and defense strategy.

Former FTX CTO, Gary Wang, reveals improper relationship and special privileges between FTX and Alameda research. Alameda took advantage of undisclosed benefits, resulted in overdrawn accounts by $8 billion. Also explores the increase in Alameda's credit line, reaching an effectively infinite credit line of $65 billion.

Former FTX co-founder, Gary Wang, testifies that Sam Bankman-Fried knew his company was illegally taking customer funds. Host Zack Guzman discusses the testimony and upcoming bombshell testimony from SBF's ex-girlfriend, Caroline Ellison. Topics include lack of oversight in the crypto industry and the complexity of the case.