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.