Bankman-Fried Declined Financial Help Requests From Crypto Firms Before Their Bankruptcies
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Sam Bankman-Fried testified he turned down requests for financial help from Barry Silbert's Digital Currency Group and its Genesis subsidiary.
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Genesis suffered major losses from the collapse of Three Arrows Capital hedge fund.
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Bankman-Fried also declined a request for emergency funds from crypto lender Celsius before its bankruptcy.
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Voyager and BlockFi went bankrupt before and after FTX's collapse in November 2022.
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Bankman-Fried was testifying at his criminal fraud and conspiracy trial related to FTX's implosion.
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