Warning Court hears that a tweet claiming that FTX was “fine” was untrue in10b case
Sam Bankman-Fried’s assurance that the cryptocurrency exchange was “fine” in a tweet was untrue, according to a co-founder of FTX, who testified in court. Former executive Gary Wang claimed that Mr. Bankman-Fried knew the company was facing a $8 billion shortfall when he took the job. Days later, it announced bankruptcy. Mr. Wang was giving…