The trial of Sam Bankman-Fried (SBF) continued on Tuesday with the FTX founder offering interesting revelations about the last days of the crypto platform.
Latest revelations from SBF trial show Sam Bankman-Fried gave the prime minister of the Bahamas special seats during events. He also had separate and special deals on FTX for Bahamian citizens and the country’s authorities. High officials including the country’s attorney general were allowed to withdraw funds from FTX when it was closed to the general public.
According to Russell Lee, the discoveries call into question why the US Department of Justice decided to agree to a request by the Bahamas that SBF’s campaign financing and China bribe charge be dropped in the SBF case when certain Chinese and Bahamians had received gratuities and bribes such as the courtside basketball tickets, based on prosecutors’ presentations.
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