SBF's College Roommates Turn on Him, Detail Financial Crimes in FTX Collapse
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Sam Bankman-Fried's college roommates, Adam Yedidia and Gary Wang, testified against him, admitting to financial crimes.
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Yedidia said SBF knew in summer 2022 that FTX was in trouble and "not bulletproof anymore."
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Wang said FTX gave special privileges to Alameda, allowing unlimited withdrawals, and they lied about it.
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Investor Matt Huang testified he wouldn't have invested if he knew customer funds were being spent.
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Prosecution seems to have made the case for wire fraud on customers and conspiracy to commit securities fraud.