underwent a final barrage of questions on Tuesday from a prosecutor aimed at showing that he’s not being honest about how much he knew about the disappearance of $8 billion from his customers’ accounts, setting the stage for final arguments in his fraud trial on Wednesday.
Initially freed on a $250 million personal recognizance bond, he was permitted to reside with his parents in Palo Alto, California, until August, when Judge Lewis A. Kaplan ruled that he had tried to influence prospective trial witnesses and needed to remain incarcerated. U.S. Attorney Damian Williams has said Bankman-Fried was overseeing one of the biggest frauds in U.S. history.
Ellison and other former top executives testified earlier in the trial that Bankman-Fried knew about the billions of dollars in spending all along and had helped ensure the money could be borrowed by setting up a $65 billion line of credit for Alameda to borrow unlimited money from FTX.Matthew Perry’s Ex-Fiancee Says ‘He Caused Pain Like I’d Never Known’
Christina Aguilera has gotten into the Halloween spirit in the best way possible as she channelled the legend that is Cher, wearing one of her most risque outfitsFormer ‘SNL’ Writer Savaged for Laughing at Matthew Perry’s Death Stamos guest starred on the sitcom as a potential sperm donor for Perry's Chandler Bing and Courteney Cox's Monica Geller in 2003
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