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News Explorer — Sam Bankman-Fried's Lawyers Seek to Question FTX Co-Founder Gary Wang

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Oct 10, 2:23 pm
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Sam Bankman-Fried's Lawyers Seek to Question FTX Co-Founder Gary Wang

In the trial of Sam Bankman-Fried, his lawyers are seeking permission to question FTX co-founder Gary Wang regarding his acceptance of loans from Alameda Research. The defense wants to know if legal advice played a role in Wang accepting these loans and the extent of the lawyers' involvement. Wang's understanding of the loans as legitimate and memorialized in promissory notes is relevant to rebut the allegation that they were sham loans to conceal the source of funds.

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