2,441
edits
Changes
→Full timeline
* Thorough details of the collapse of FTX (see [[Timeline of FTX collapse]])
* Thorough details of the history of FTX (see [[Timeline of FTX]])
=== Timeline ===
{| class="sortable wikitable"
| 2023 || October 17 || Trial proceeding || '''Trial day 10'''. Former Senior Engineer Nishad Singh testifies about SBF's lavish spending and large-scale investments from FTX's funds. Singh reveals that he received bonuses and borrowed significant amounts, intending to make donations to charity, but those transactions never occurred. The defense cross-examines Singh, emphasizing discrepancies in financial records and pointing out missing funds in the balance sheet. Additionally, pictures of SBF socializing with celebrities and political leaders are presented to the jury. The trial continues with detailed scrutiny of financial transactions and Bankman-Fried's expenditures.<ref>{{cite web |title=FTX founder Sam Bankman-Fried’s trial day 10: Recap |url=https://crypto.news/ftx-founder-sam-bankman-frieds-trial-day-10-recap/ |website=crypto.news |access-date=8 November 2023 |date=17 October 2023}}</ref>
|-
| 2023 || October 18 || Trial proceeding || '''Trial day 11'''. Prosecutors reveal SBF's profane messages criticizing regulators, undermining his cryptocurrency oversight image. The messages, sent to journalists including Vox and The Block, displayed his frustration with regulators, challenging his advocacy facade. Despite objections, the messages are admitted as evidence, portraying his true mindset during the alleged fraud. Separately, an expert witness disclosea discloses a $9.3 billion money trail, exposing FTX's misuse of customer funds. Transactions involved investments, political donations, and real estate purchases. Prosecution's evidence strengthens claims of fraud, conspiracy, and money laundering.<ref>{{cite web |title=FTX Founder Sam Bankman-Fried’s Trial Day 11: Recap |url=https://www.binance.com/en/feed/post/1403967 |website=Binance |access-date=9 November 2023 |language=en}}</ref><ref>{{cite web |title=SBF trial day 11: financial forensic report exposes FTX $9.3b money trail |url=https://crypto.news/sbf-trial-day-11-financial-forensic-report-exposes-ftx-9-3b-money-trail/ |website=crypto.news |access-date=9 November 2023 |date=18 October 2023}}</ref><ref>{{cite web |last1=Cohen |first1=Luc |last2=Cohen |first2=Luc |title=Sam Bankman-Fried trial jury sees his profane messages about regulators |url=https://www.reuters.com/legal/sam-bankman-fried-trial-jury-sees-his-profane-message-about-regulators-2023-10-18/ |website=Reuters |access-date=9 November 2023 |language=en |date=18 October 2023}}</ref>
|-
