Bankman-Fried directed donations after $US13b 'hole'

By Luc Cohen
Updated October 17 2023 - 2:20pm, first published 2:16pm
Several business colleagues have testified Sam Bankman-Fried took money from FTX for his purposes. (AP PHOTO)
Several business colleagues have testified Sam Bankman-Fried took money from FTX for his purposes. (AP PHOTO)

Sam Bankman-Fried directed money from his Alameda Research hedge fund be used to make political donations after he learned the fund owed $US13 billion ($A21 billion) to customers of his FTX cryptocurrency exchange, a former executive has testified.

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