Binance's plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda Research, federal regulators and a number of U.S. states.
The testimony of the two FTX insiders could be damning for Bankman-Fried as he fights criminal charges, according to Ian McGinley, a partner at Akin Group.
In his first court appearance since being extradited from the Bahamas, the former CEO was told he can live with his parents on $250 million bail secured by their Palo Alto house.