Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, is seeking to shed light on the involvement of lawyers in a legal battle involving his hedge fund arm, Alameda Research. Bankman-Fried’s attorneys are requesting permission to question FTX co-founder Gary Wang about the legal guidance he received when accepting loans from Alameda. Wang previously claimed that he believed the transactions were legitimate loans, structured with the guidance of legal counsel. Bankman-Fried denies the prosecution’s allegation that he misappropriated funds by transferring them to Alameda, arguing that the involvement of company counsel supports his claim of ignorance. The trial is expected to continue with Wang’s testimony, followed by Caroline Ellison, the former head of Alameda Research and Bankman-Fried’s ex-girlfriend.

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Information	Details
Geography	North America
Countries
Sentiment	neutral
Relevance Score	0
People	Caroline Ellison, Judge Lewis Kaplan, Gary Wang, Sam Bankman-Fried
Companies	PrimeXBT, FTX, Binance, Alameda Research
Currencies	alameda research, FintruX
Securities	None