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Welcome to the SBF trial, a CoinDesk Podcast Network newsletter bringing you daily insights from inside the courtroom where Sam Bankman-F freed will try to stay out of prison.

Follow the CoinDesk podcast network to get the audio each morning with content from the Coin Desk

regulation team and voiced by Wondercraft AI. The FTX co-founder and former chief technology

officer Gary Wang continued testifying in Sam Bankman-Fried's trial Friday, sharing how the Alameda

hedge fund was able to access an enormous credit line at the exchange with his former colleague's blessing.

Prosecutors walked him through the events of the last few years.

Alameda owed FTX over $100 million as far back as 2019, but spent extra time on November 2022, putting a calendar up so the jury, and those of us watching

from the back, could keep track of what happened when. FTCS and Alameda were troubled for years,

with Alameda borrowing billions from FTX over the course of the exchange's lifetime, and requiring

an ever-increasing credit line from its sibling company.

There was some balance sheet of Alameda that got leaked to some websites, and it was published on

some crypto news site, Wang said. As far as I know, the sheet wasn't leaked to some websites.

...