How SF plans to transform downtown by revitalizing Market Street

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Sam Bankman-Fried took naps on a bean bag while living with 9 other employees at a $35 million apartment in the Bahamas, a witness testified atThe witness, Adam Yedidia, who worked as a developer at FTX, testified that Alameda, Bankman-Fried's privately controlled hedge fund, paid for the apartment.

Yedidia said he had been tasked with fixing a bug in FTX's system in June 2022 when he discovered Alameda allegedly owed FTX customers $8 billion. He called it concerning. Five months later, when Yedidia said he heard Alameda had used customer money to repay loans, he said he resigned.

 

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