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Everything to Know About Sam Bankman-Fried’s Second Week in Court
![Everything to Know About Sam Bankman-Fried’s Second Week in Court Everything to Know About Sam Bankman-Fried’s Second Week in Court](https://i0.wp.com/www.coindesk.com/resizer/QGd4dXWMNChbTSSE4Cs3S6HoVh8=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ILLKLURLGVHGPBRB7CRUJJWGPA.jpg?resize=780%2C470&ssl=1)
At Ellison’s direction, FTX executives Wang and Singh gathered data about Alameda’s accumulated borrowings that found the firm had withdrawn deposits amounting to over three-quarters of FTX’s customers’ total holdings, including over half of the ETH on the exchange and lesser amounts of customers’ USDT and BTC. A later witness, Alameda developer Aditya Baradwaj, on Thursday said Alameda lost at least $200 million through preventable mistakes, including $100 million lost to a phishing scheme.
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