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The trials against Sam Bankman-Fried are going on in the Manhattan court to find out his role in the FTX implosion.
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With the recent testimony of former general counsel Can Sun, it was revealed that the executives were aware of an $8 Billion hole in the books.
The testimonies of people related to the FTX and Sam Bankman-Fried case continue amid the trials against the latter in the Manhattan court. Until now, many prominent names in the company and its sibling firm Alameda Research showed up for the testimony. For the latest installment, came the former general counsel at FTX, Can Sun, whose testimony might have left SBF’s defense in discomfort.
In his testimony on Thursday, October 19, Can Sun stated he was completely unaware of the situation with the debts and irresponsible handling of customers’ assets in both companies. He added that he had never suggested borrowing customer funds.
These claims from the former counsel would weaken the arg
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