Bankman-Fried Declined Financial Help Requests From Crypto Firms Before Their Bankruptcies

Sam Bankman-Fried testified he turned down requests for financial help from Barry Silbert's Digital Currency Group and its Genesis subsidiary.

Genesis suffered major losses from the collapse of Three Arrows Capital hedge fund.

Bankman-Fried also declined a request for emergency funds from crypto lender Celsius before its bankruptcy.

Voyager and BlockFi went bankrupt before and after FTX's collapse in November 2022.

Bankman-Fried was testifying at his criminal fraud and conspiracy trial related to FTX's implosion.