Jacquelyn Melinek / TechCrunch:

In his testimony, FTX co-founder Gary Wang says Alameda Research had “special privileges” that gave the firm a $65B line of credit, of which it withdrew $8B  —  FTX co-founder and CTO Gary Wang takes the stand  —  The Sam Bankman-Fried trial gained steam after a somewhat sleepier first half of the day.

Jacquelyn Melinek / TechCrunch:

In his testimony, FTX co-founder Gary Wang says Alameda Research had “special privileges” that gave the firm a $65B line of credit, of which it withdrew $8B  —  FTX co-founder and CTO Gary Wang takes the stand  —  The Sam Bankman-Fried trial gained steam after a somewhat sleepier first half of the day.

Source: TechMeme
Source Link: http://www.techmeme.com/231005/p30#a231005p30