Taking the stand in an ill-fitting black swimsuit, Wang, who co-founded each firms with Bankman-Fried, stated that in July 2019, simply shortly after the change opened for enterprise, Bankman-Fried directed him to put in writing code for FTX that may let Alameda’s account steadiness fall under zero. It was a secret characteristic that no different buyer of the crypto change had, the insider-turned-government witness stated.
