corndalorian on Nostr: “As panic grew among the top ranks of FTX, Bankman-Fried talked a lot about how he ...

“As panic grew among the top ranks of FTX, Bankman-Fried talked a lot about how he could raise more money from lenders and investors, Ellison testified.

She said Bankman-Fried talked repeatedly about trying to get money from Mohammed bin Salman, the crown prince of Saudi Arabia. The plan, as she detailed it, was to use money from Saudi Arabia to pay back Alameda's lenders. But that funding never materialized.”