In his testimony, FTX co-founder Gary Wang says Alameda Research had "special privileges" that gave the firm a $65B line of credit, of which it withdrew $8B (Jacquelyn Melinek/TechCrunch)

Jacquelyn Melinek / TechCrunch:
In his testimony, FTX co-founder Gary Wang says Alameda Research had “special privileges” that gave the firm a $65B line of credit, of which it withdrew $8B  —  FTX co-founder and CTO Gary Wang takes the stand  —  The Sam Bankman-Fried trial gained steam after a somewhat sleepier first half of the day.

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