Taking the stand in an ill-fitting black suit, Wang, who co-founded both companies with Bankman-Fried, said that in July 2019, just shortly after the exchange opened for business, Bankman-Fried directed him to write code for FTX that would let Alameda’s account balance fall below zero. It was a secret feature that no other customer of the crypto exchange had, the insider-turned-government witness said.
Source: https://www.coindesk.com/policy/2023/10/06/sam-bankman-fried-ordered-special-privileges-for-alameda-ftx-co-founder-gary-wang-testifies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines