🏛 Sam Bankman-Fried considered selling FTX equity to Saudi Crown Prince MBS.
Former Alameda Research CEO, Caroline Ellison, revealed in court that Sam was exploring raising capital for FTX through an investment from Prince Mohammed bin Salman.
📓 Ellison's diary highlighted concerns about the MBS investment.
She had a note titled "Things Sam is Freaking Out About", which included this potential deal.
👑 MBS: Billionaire Crown Prince with a complex reputation.
He has investments in blockchain gaming but is also linked to the 2018 murder of journalist Jamal Khashoggi.
🚨 Meeting just before FTX's bankruptcy.
Reports suggest Bankman-Fried met with MBS shortly before FTX went under, aiming to raise $1 billion.
Former Alameda Research CEO, Caroline Ellison, revealed in court that Sam was exploring raising capital for FTX through an investment from Prince Mohammed bin Salman.
📓 Ellison's diary highlighted concerns about the MBS investment.
She had a note titled "Things Sam is Freaking Out About", which included this potential deal.
👑 MBS: Billionaire Crown Prince with a complex reputation.
He has investments in blockchain gaming but is also linked to the 2018 murder of journalist Jamal Khashoggi.
🚨 Meeting just before FTX's bankruptcy.
Reports suggest Bankman-Fried met with MBS shortly before FTX went under, aiming to raise $1 billion.
Leave a comment