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‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

October 5, 2023

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

Gary Wang, CEO of SBF, stated at the trial that “we allowed Alameda to withdraw unlimited funds” from the company. His admission came to light during the hearing, highlighting the financial mismanagement leading to the firm’s demise.