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During the trial against FTX co-founder Sam Bankman-Fried, BlockFi CEO Zac Prince testified that his company lent hundreds of millions of dollars in crypto to Alameda Research based on a positive financial outlook presented by Alameda. The trial in a Manhattan federal courtroom delved into the inner workings of the crypto market, which is at the heart of the case. The testimony shed light on the collapse of a crypto lender and the involvement of prominent players in the industry.
ICYMI: BlockFi CEO points finger at Alameda, FTX for collapse of crypto lender during testimony at SBF trial https://t.co/HTDazTe7xt
BlockFi CEO Zac Prince testified Friday that his company lent SBF’s Alameda Research hundreds of millions of dollars in crypto based on the rosy picture of its financial health that Alameda presented. @aleks_gilbert with the latest on the Bankman-Fried trial.… https://t.co/GnWeMtYx5l
BlockFi CEO Zac Prince testified Friday that his company lent SBF’s Alameda Research hundreds of millions of dollars in crypto based on the rosy picture of its financial health that Alameda presented. @Aleks Gilbert with the latest on the Bankman-Fried trial.… https://t.co/2Ilp3iBDDn
BlockFi CEO Zac Prince testified Friday that his company lent SBF’s Alameda Research hundreds of millions of dollars in crypto based on the rosy picture of its financial health that Alameda presented. @Aleks Gilbert with the latest on the Bankman-Fried trial.… https://t.co/LAf2QJUi4D
The second week of Sam Bankman-Fried’s criminal trial concluded with BlockFi CEO blaming FTX and Alameda for its bankruptcy. https://t.co/sLcsvz3jGi
After three days of riveting testimony in the case against FTX co-founder Sam Bankman-Fried, a Manhattan federal courtroom got pulled into the inner workings of the business that drives the market at the heart of the trial — crypto. https://t.co/wOYXo7D5uv
After three days of riveting testimony in the case against FTX co-founder Sam Bankman-Fried, a Manhattan federal courtroom got pulled into the inner workings of the business that drives the market at the heart of the trial — crypto. https://t.co/7LecZ1VZU7
After three days of riveting testimony in the case against FTX co-founder Sam Bankman-Fried, a Manhattan federal courtroom got pulled into the inner workings of the business that drives the market at the heart of the trial — crypto. https://t.co/hpU4DVGJq0
The second week of Sam Bankman-Fried’s criminal trial for fraud concluded with witness testimony from Zac Prince whose crypto lending firm BlockFi loaned $1.1 billion to Alameda before FTX’s collapse. https://t.co/uCeZH6UN7z
BlockFi CEO points finger at Alameda, FTX for collapse of crypto lender during testimony at SBF trial https://t.co/BP9GIQ6O18