[ad_1] Gary Wang, a former prime govt of the failed FTX cryptocurrency change, testified that Sam Bankman-Fried, the corporate’s founder, was the ultimate resolution maker on the agency and directed a intently associated hedge fund to misuse because it happy billions of {dollars} in cash from FTX clients.Over greater than six hours of testimony in federal court docket in Manhattan on Thursday and Friday, Mr. Wang mentioned Mr. Bankman-Fried was totally conscious {that a} sister cryptocurrency buying and selling agency, Alameda Analysis, had siphoned off $8 billion in buyer cash from FTX. He mentioned Mr. Bankman-Fried had lied in his…
