In the first week of Mr. Bankman-Fried’s fraud trial, Judge Lewis A. Kaplan repeatedly admonished the former crypto mogul’s lawyers, in an ominous sign for the defense.
Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas.
Mr. Wang is one of three key witnesses who pleaded guilty and agreed to cooperate against Mr. Bankman-Fried, the onetime crypto mogul on trial for fraud.
With his new book about the crypto mogul Sam Bankman-Fried — and new questions about his old work — the famously charmed writer finds himself under a microscope.
Prosecutors said the FTX founder had lied to customers. Defense lawyers said he had just been trying to prevent his cryptocurrency exchange from melting down.