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Elizabeth Lopatto

Elizabeth Lopatto

Senior Reporter

Senior Reporter

    More From Elizabeth Lopatto

    Sam Bankman-Fried was a bad friend, too

    Nishad Singh says he tried to get Bankman-Fried to do the right thing — but he wouldn’t listen.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Elizabeth Lopatto
    Sam Bankman-Fried on the stand?

    Turns out Bankman-Fried still doesn’t have access to his prescribed medication, which seems lousy. But that’s not the part that interests me. This is (emphasis mine, obviously):

    However, as we approach the defense case and the critical decision of whether Mr. Bankrnan-Fried will testify, the defense has a growing concern that because of Mr. Bankman-Fried’s lack of access to Adderall he has not been able to concentrate at the level he ordinarily would and that he will not be able to meaningfully participate in the presentation of the defense case.

    However, as we approach the defense case and the critical decision of whether Mr. Bankrnan-Fried will testify, the defense has a growing concem that because of Mr. Bankman-Fried’s lack of access to Adderall he has not been able to concentrate at the level he ordinarily would and that he will not be able to meaningfully participate in the presentation of the defense case.
    That high-pitched noise you just heard was hundreds of journalists shrieking
    How is it still getting worse for Sam Bankman-Fried?

    The defense botched the cross examination of Caroline Ellison.

    Elizabeth Lopatto
    Alameda’s paper trail leads straight to Sam Bankman-Fried

    And his “very valuable” hair, too.

    Elizabeth Lopatto
    Sam Bankman-Fried was a terrible boyfriend

    Bankman-Fried thought Alameda’s brand wasn’t as good as FTX’s — so he put his sometime-lover in charge of it.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Elizabeth Lopatto
    FTX liquidation could further hurt crypto startups.

    Before they collapsed, FTX and Alameda Research “massed a roster of portfolio companies that included major names in the industry, such as stablecoin providers Circle and Paxos, blockchain developer Aptos Labs and crypto bank Anchorage Digital,” Bloomberg writes.

    But venture funding for the crypto world has plunged; selling those stakes could further depress startup valuations.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Michael Lewis would like Sam Bankman-Fried’s jury to read his book.

    “If I were a juror, I would rather hear my story than either defense or prosecution,” Lewis tells Andrew Chow at Time. Also:

    I want to ask about some details that appeared in various charging documents and complaints against Sam but are featured less prominently or not at all in your book. One is that Bankman-Fried allegedly bribed Chinese officials to release money from a frozen Alameda account.

    I know too much about that, and it seemed like a distraction.

    The FTX jury suffers through a code review

    Gary Wang supervised the code that gave Alameda special privileges at FTX. But it’s hard to conclude anyone but Sam Bankman-Fried gave the orders.

    Elizabeth Lopatto