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MLB Winter Meetings tracker: Live updates on news, rumors, signings and trades for 2023 free agency
Stay tuned...
Shohei Ohtani field growing smaller
Date: Friday, Dec. 1
Source: Jeff Passan, ESPN
It has been expected since before he hit free agency that Ohtani would set the record for the largest fully guaranteed contract in North American sports history, with Passan reporting the deal could reach as much as $600 million.
Who will hand him that contract has been much more of a mystery. Little has been leaked about the top suitors for Ohtani beyond the usual suspects. Passan reported that at least three teams initially believed to be in the running — the Mets, Rangers and Red Sox — are believed to be out now. The teams most likely to still be in the mix are the Dodgers, Cubs, Blue Jays and Angels, with the Giants' status in the race for Ohtani unknown.
Star players could be traded
Date: Friday, Dec. 1
Source: Jeff Passan, ESPN
The free agency pool outside of Ohtani, Cody Bellinger, Blake Snell and Yoshinobu Yamamoto is a bit lacking in star power, but the trade market could ensure several big-name players are on the move this offseason.
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MLB Winter Meetings tracker: Live updates on news, rumors, signings and trades for 2023 free agency
Who will hand him that contract has been much more of a mystery. Little has been leaked about the top suitors for Ohtani beyond the usual suspects. Passan reported that at least three teams initially believed to be in the running — the Mets, Rangers and Red Sox — are believed to be out now. The teams most likely to still be in the mix are the Dodgers, Cubs, Blue Jays and Angels, with the Giants' status in the race for Ohtani unknown.
Star players could be traded
Date: Friday, Dec. 1
Source: Jeff Passan, ESPN
The free agency pool outside of Ohtani, Cody Bellinger, Blake Snell and Yoshinobu Yamamoto is a bit lacking in star power, but the trade market could ensure several big-name players are on the move this offseason.
Passan reported a trade of Soto appears to be "edging closer to becoming a reality," and while several teams are out on him because of his large salary and pending free-agent status, there still could be a large market for the star outfielder.
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9102
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MLB Winter Meetings tracker: Live updates on news, rumors, signings and trades for 2023 free agency
Passan reported that at least three teams initially believed to be in the running — the Mets, Rangers and Red Sox — are believed to be out now. The teams most likely to still be in the mix are the Dodgers, Cubs, Blue Jays and Angels, with the Giants' status in the race for Ohtani unknown.
Star players could be traded
Date: Friday, Dec. 1
Source: Jeff Passan, ESPN
The free agency pool outside of Ohtani, Cody Bellinger, Blake Snell and Yoshinobu Yamamoto is a bit lacking in star power, but the trade market could ensure several big-name players are on the move this offseason.
Passan reported a trade of Soto appears to be "edging closer to becoming a reality," and while several teams are out on him because of his large salary and pending free-agent status, there still could be a large market for the star outfielder.
Much of the rest of the names on the trade market are arms.
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9103
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MLB Winter Meetings tracker: Live updates on news, rumors, signings and trades for 2023 free agency
The teams most likely to still be in the mix are the Dodgers, Cubs, Blue Jays and Angels, with the Giants' status in the race for Ohtani unknown.
Star players could be traded
Date: Friday, Dec. 1
Source: Jeff Passan, ESPN
The free agency pool outside of Ohtani, Cody Bellinger, Blake Snell and Yoshinobu Yamamoto is a bit lacking in star power, but the trade market could ensure several big-name players are on the move this offseason.
Passan reported a trade of Soto appears to be "edging closer to becoming a reality," and while several teams are out on him because of his large salary and pending free-agent status, there still could be a large market for the star outfielder.
Much of the rest of the names on the trade market are arms. Dylan Cease and Tyler Glasnow are the pitchers most likely to be dealt this offseason, and Cleveland could also hold a pair of intriguing trade chips in closer Emmanuel Clase and former Cy Young winner Shane Bieber.
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9104
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MLB Winter Meetings tracker: Live updates on news, rumors, signings and trades for 2023 free agency
Star players could be traded
Date: Friday, Dec. 1
Source: Jeff Passan, ESPN
The free agency pool outside of Ohtani, Cody Bellinger, Blake Snell and Yoshinobu Yamamoto is a bit lacking in star power, but the trade market could ensure several big-name players are on the move this offseason.
Passan reported a trade of Soto appears to be "edging closer to becoming a reality," and while several teams are out on him because of his large salary and pending free-agent status, there still could be a large market for the star outfielder.
Much of the rest of the names on the trade market are arms. Dylan Cease and Tyler Glasnow are the pitchers most likely to be dealt this offseason, and Cleveland could also hold a pair of intriguing trade chips in closer Emmanuel Clase and former Cy Young winner Shane Bieber. The Brewers have also begun trade talks for former Cy Young winner Corbin Burnes.
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9105
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In the end, the FTX trial was about the friends screwed along the way
Sure, Sam Bankman-Fried’s trial has revealed that FTX was basically a seething mass of scams. But it has also revealed how Bankman-Fried blew up the lives of the people who are closest to him.
Of course everyone who had money trapped on the FTX exchange when it collapsed — as the result of Bankman-Fried’s trading firm Alameda Research purloining its customers’ funds — had their lives altered. Even if they are made whole by the bankruptcy proceedings, that’s still money that they should have had access to at any time they wanted it. That may mean houses that weren’t purchased, medical procedures that were left undone, and life savings lost.
There is a simultaneous drama of ruined lives playing out in the courtroom
Bankman-Fried is charged with seven counts: two counts of wire fraud and five conspiracy charges. As we near the end of the prosecution’s case, I have been struck by how bizarre it all is.
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9106
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In the end, the FTX trial was about the friends screwed along the way
Sure, Sam Bankman-Fried’s trial has revealed that FTX was basically a seething mass of scams. But it has also revealed how Bankman-Fried blew up the lives of the people who are closest to him.
Of course everyone who had money trapped on the FTX exchange when it collapsed — as the result of Bankman-Fried’s trading firm Alameda Research purloining its customers’ funds — had their lives altered. Even if they are made whole by the bankruptcy proceedings, that’s still money that they should have had access to at any time they wanted it. That may mean houses that weren’t purchased, medical procedures that were left undone, and life savings lost.
There is a simultaneous drama of ruined lives playing out in the courtroom
Bankman-Fried is charged with seven counts: two counts of wire fraud and five conspiracy charges. As we near the end of the prosecution’s case, I have been struck by how bizarre it all is. All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
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9107
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In the end, the FTX trial was about the friends screwed along the way
Of course everyone who had money trapped on the FTX exchange when it collapsed — as the result of Bankman-Fried’s trading firm Alameda Research purloining its customers’ funds — had their lives altered. Even if they are made whole by the bankruptcy proceedings, that’s still money that they should have had access to at any time they wanted it. That may mean houses that weren’t purchased, medical procedures that were left undone, and life savings lost.
There is a simultaneous drama of ruined lives playing out in the courtroom
Bankman-Fried is charged with seven counts: two counts of wire fraud and five conspiracy charges. As we near the end of the prosecution’s case, I have been struck by how bizarre it all is. All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly.
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9108
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In the end, the FTX trial was about the friends screwed along the way
Even if they are made whole by the bankruptcy proceedings, that’s still money that they should have had access to at any time they wanted it. That may mean houses that weren’t purchased, medical procedures that were left undone, and life savings lost.
There is a simultaneous drama of ruined lives playing out in the courtroom
Bankman-Fried is charged with seven counts: two counts of wire fraud and five conspiracy charges. As we near the end of the prosecution’s case, I have been struck by how bizarre it all is. All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
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9109
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In the end, the FTX trial was about the friends screwed along the way
That may mean houses that weren’t purchased, medical procedures that were left undone, and life savings lost.
There is a simultaneous drama of ruined lives playing out in the courtroom
Bankman-Fried is charged with seven counts: two counts of wire fraud and five conspiracy charges. As we near the end of the prosecution’s case, I have been struck by how bizarre it all is. All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case.
|
9110
|
In the end, the FTX trial was about the friends screwed along the way
There is a simultaneous drama of ruined lives playing out in the courtroom
Bankman-Fried is charged with seven counts: two counts of wire fraud and five conspiracy charges. As we near the end of the prosecution’s case, I have been struck by how bizarre it all is. All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud.
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9111
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In the end, the FTX trial was about the friends screwed along the way
As we near the end of the prosecution’s case, I have been struck by how bizarre it all is. All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point.
|
9112
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In the end, the FTX trial was about the friends screwed along the way
All the co-conspirators seem oddly younger than their years, as though they got stuck in the “math camp forever” environment Bankman-Fried created for them and simply failed to grow up.
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
|
9113
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In the end, the FTX trial was about the friends screwed along the way
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate.
|
9114
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In the end, the FTX trial was about the friends screwed along the way
The prosecution has made a strong case that Bankman-Fried presided over the various forms of fraud that played out at Alameda Research and FTX, orchestrating some of it and engaging in some of it directly. In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
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9115
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In the end, the FTX trial was about the friends screwed along the way
In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement.
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9116
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In the end, the FTX trial was about the friends screwed along the way
In the process of making this case, there is a simultaneous drama of ruined lives playing out in the courtroom.
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors.
|
9117
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In the end, the FTX trial was about the friends screwed along the way
Everyone who loved Bankman-Fried most in the world is now caught up in the case. We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
|
9118
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In the end, the FTX trial was about the friends screwed along the way
We have:
Adam Yedidia, Bankman-Fried’s college roommate, who testified with immunity because he was concerned he may have unknowingly worked on code that contributed to the fraud. “I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend.
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9119
|
In the end, the FTX trial was about the friends screwed along the way
“I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created.
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9120
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In the end, the FTX trial was about the friends screwed along the way
“I love you Sam,” he texted at one point. “I’m not going anywhere.” That was before he realized FTX had stolen customer funds — at which point, he resigned.
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
|
9121
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In the end, the FTX trial was about the friends screwed along the way
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father.
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9122
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In the end, the FTX trial was about the friends screwed along the way
Gary Wang, the co-founder of FTX and Alameda Research and another college roommate. He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
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9123
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In the end, the FTX trial was about the friends screwed along the way
He took the stand after Yedidia and sang like a canary about the secret privileges he’d created for Alameda in the FTX code.
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
Barbara Fried’s political action committee, Mind the Gap.
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9124
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In the end, the FTX trial was about the friends screwed along the way
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
Barbara Fried’s political action committee, Mind the Gap. It is among the entities that received FTX customer money as political donations.
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9125
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In the end, the FTX trial was about the friends screwed along the way
Nishad Singh, a longtime family friend, who copped to what sounded an awful lot like classic embezzlement. He said he’d backdated transactions on FTX to help create doctored balance sheets to show to investors. He pleaded guilty to six charges, including wire fraud, money laundering, and conspiracy counts around his political donations.
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
Barbara Fried’s political action committee, Mind the Gap. It is among the entities that received FTX customer money as political donations. Fried and Bankman lived together in a Bahamas house purchased for them using FTX investor funds, according to a financial expert called by the prosecution; in a lawsuit filed by FTX’s bankruptcy estate, Bankman and Fried are alleged to have been given $10 million of FTX customer funds.
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9126
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In the end, the FTX trial was about the friends screwed along the way
Caroline Ellison, Bankman-Fried’s ex-girlfriend. She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
Barbara Fried’s political action committee, Mind the Gap. It is among the entities that received FTX customer money as political donations. Fried and Bankman lived together in a Bahamas house purchased for them using FTX investor funds, according to a financial expert called by the prosecution; in a lawsuit filed by FTX’s bankruptcy estate, Bankman and Fried are alleged to have been given $10 million of FTX customer funds.
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX.
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9127
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In the end, the FTX trial was about the friends screwed along the way
She told us about the seven phony balance sheets she’d created. She was clear: Alameda took customer funds; Bankman-Fried knew about it and even invested them against her advice.
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
Barbara Fried’s political action committee, Mind the Gap. It is among the entities that received FTX customer money as political donations. Fried and Bankman lived together in a Bahamas house purchased for them using FTX investor funds, according to a financial expert called by the prosecution; in a lawsuit filed by FTX’s bankruptcy estate, Bankman and Fried are alleged to have been given $10 million of FTX customer funds.
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX. He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes.
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9128
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In the end, the FTX trial was about the friends screwed along the way
Joe Bankman, Bankman-Fried’s father. He is among the people included in the “small group chat,” the Signal group where the FTX inner circle strategized during the exchange’s last days.
Barbara Fried’s political action committee, Mind the Gap. It is among the entities that received FTX customer money as political donations. Fried and Bankman lived together in a Bahamas house purchased for them using FTX investor funds, according to a financial expert called by the prosecution; in a lawsuit filed by FTX’s bankruptcy estate, Bankman and Fried are alleged to have been given $10 million of FTX customer funds.
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX. He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes. In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches.
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9129
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In the end, the FTX trial was about the friends screwed along the way
Barbara Fried’s political action committee, Mind the Gap. It is among the entities that received FTX customer money as political donations. Fried and Bankman lived together in a Bahamas house purchased for them using FTX investor funds, according to a financial expert called by the prosecution; in a lawsuit filed by FTX’s bankruptcy estate, Bankman and Fried are alleged to have been given $10 million of FTX customer funds.
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX. He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes. In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches. Singh also said Gabe had an assistant fly to the Bahamas with a stack of blank checks for Singh to sign.
Wang, Singh, and Ellison are now felons.
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9130
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In the end, the FTX trial was about the friends screwed along the way
It is among the entities that received FTX customer money as political donations. Fried and Bankman lived together in a Bahamas house purchased for them using FTX investor funds, according to a financial expert called by the prosecution; in a lawsuit filed by FTX’s bankruptcy estate, Bankman and Fried are alleged to have been given $10 million of FTX customer funds.
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX. He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes. In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches. Singh also said Gabe had an assistant fly to the Bahamas with a stack of blank checks for Singh to sign.
Wang, Singh, and Ellison are now felons. Even if they never do time — and they may very well be imprisoned or subjected to house arrest — their lives are irrevocably changed, not least by whatever restitution requirements they are subjected to.
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9131
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In the end, the FTX trial was about the friends screwed along the way
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX. He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes. In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches. Singh also said Gabe had an assistant fly to the Bahamas with a stack of blank checks for Singh to sign.
Wang, Singh, and Ellison are now felons. Even if they never do time — and they may very well be imprisoned or subjected to house arrest — their lives are irrevocably changed, not least by whatever restitution requirements they are subjected to. They are barred from taking certain kinds of jobs. And of course, there is the publicity.
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In the end, the FTX trial was about the friends screwed along the way
Gabe Bankman-Fried’s nonprofit, Guarding Against Pandemics, which got millions from FTX. He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes. In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches. Singh also said Gabe had an assistant fly to the Bahamas with a stack of blank checks for Singh to sign.
Wang, Singh, and Ellison are now felons. Even if they never do time — and they may very well be imprisoned or subjected to house arrest — their lives are irrevocably changed, not least by whatever restitution requirements they are subjected to. They are barred from taking certain kinds of jobs. And of course, there is the publicity. Bankman, Fried, and Gabe Bankman-Fried’s reputations are tarnished; in the political arenas where they once operated, they are suddenly undesirable.
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In the end, the FTX trial was about the friends screwed along the way
He was also in a Signal group chat, Donations Processing, that Singh says was used to coordinate the transfer of FTX and Alameda money to various political causes. In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches. Singh also said Gabe had an assistant fly to the Bahamas with a stack of blank checks for Singh to sign.
Wang, Singh, and Ellison are now felons. Even if they never do time — and they may very well be imprisoned or subjected to house arrest — their lives are irrevocably changed, not least by whatever restitution requirements they are subjected to. They are barred from taking certain kinds of jobs. And of course, there is the publicity. Bankman, Fried, and Gabe Bankman-Fried’s reputations are tarnished; in the political arenas where they once operated, they are suddenly undesirable.
It is a Greek tragedy, precipitated by one man’s character flaw: the arrogance of Sam Bankman-Fried.
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In the end, the FTX trial was about the friends screwed along the way
In that chat, he can be seen recommending some donations be made “in the dark” to avoid public relations headaches. Singh also said Gabe had an assistant fly to the Bahamas with a stack of blank checks for Singh to sign.
Wang, Singh, and Ellison are now felons. Even if they never do time — and they may very well be imprisoned or subjected to house arrest — their lives are irrevocably changed, not least by whatever restitution requirements they are subjected to. They are barred from taking certain kinds of jobs. And of course, there is the publicity. Bankman, Fried, and Gabe Bankman-Fried’s reputations are tarnished; in the political arenas where they once operated, they are suddenly undesirable.
It is a Greek tragedy, precipitated by one man’s character flaw: the arrogance of Sam Bankman-Fried.
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating
During Yedidia’s testimony, we were shown a photograph in court: former President Bill Clinton and former Prime Minister Tony Blair onstage in suits next to Bankman-Fried, in a rumpled T-shirt and cargo shorts.
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In the end, the FTX trial was about the friends screwed along the way
Even if they never do time — and they may very well be imprisoned or subjected to house arrest — their lives are irrevocably changed, not least by whatever restitution requirements they are subjected to. They are barred from taking certain kinds of jobs. And of course, there is the publicity. Bankman, Fried, and Gabe Bankman-Fried’s reputations are tarnished; in the political arenas where they once operated, they are suddenly undesirable.
It is a Greek tragedy, precipitated by one man’s character flaw: the arrogance of Sam Bankman-Fried.
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating
During Yedidia’s testimony, we were shown a photograph in court: former President Bill Clinton and former Prime Minister Tony Blair onstage in suits next to Bankman-Fried, in a rumpled T-shirt and cargo shorts. Sure, dressing down is a staple of Silicon Valley startup culture — and a sign of its swagger.
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In the end, the FTX trial was about the friends screwed along the way
They are barred from taking certain kinds of jobs. And of course, there is the publicity. Bankman, Fried, and Gabe Bankman-Fried’s reputations are tarnished; in the political arenas where they once operated, they are suddenly undesirable.
It is a Greek tragedy, precipitated by one man’s character flaw: the arrogance of Sam Bankman-Fried.
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating
During Yedidia’s testimony, we were shown a photograph in court: former President Bill Clinton and former Prime Minister Tony Blair onstage in suits next to Bankman-Fried, in a rumpled T-shirt and cargo shorts. Sure, dressing down is a staple of Silicon Valley startup culture — and a sign of its swagger. The defense counsel tried to elicit testimony from Yedidia that the cargo shorts were evidence of Bankman-Fried’s humility, but the photograph seemed to signify just the opposite: that the man in cargo shorts is so important, he doesn’t need to dress up, even to meet former world leaders.
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In the end, the FTX trial was about the friends screwed along the way
It is a Greek tragedy, precipitated by one man’s character flaw: the arrogance of Sam Bankman-Fried.
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating
During Yedidia’s testimony, we were shown a photograph in court: former President Bill Clinton and former Prime Minister Tony Blair onstage in suits next to Bankman-Fried, in a rumpled T-shirt and cargo shorts. Sure, dressing down is a staple of Silicon Valley startup culture — and a sign of its swagger. The defense counsel tried to elicit testimony from Yedidia that the cargo shorts were evidence of Bankman-Fried’s humility, but the photograph seemed to signify just the opposite: that the man in cargo shorts is so important, he doesn’t need to dress up, even to meet former world leaders.
Now, in court, Bankman-Fried is wearing a suit.
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In the end, the FTX trial was about the friends screwed along the way
It is a Greek tragedy, precipitated by one man’s character flaw: the arrogance of Sam Bankman-Fried.
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating
During Yedidia’s testimony, we were shown a photograph in court: former President Bill Clinton and former Prime Minister Tony Blair onstage in suits next to Bankman-Fried, in a rumpled T-shirt and cargo shorts. Sure, dressing down is a staple of Silicon Valley startup culture — and a sign of its swagger. The defense counsel tried to elicit testimony from Yedidia that the cargo shorts were evidence of Bankman-Fried’s humility, but the photograph seemed to signify just the opposite: that the man in cargo shorts is so important, he doesn’t need to dress up, even to meet former world leaders.
Now, in court, Bankman-Fried is wearing a suit.
In 2019, just months after FTX was founded, Wang oversaw code called “allow_negative” that let Alameda Research avoid being liquidated by FTX’s risk management.
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In the end, the FTX trial was about the friends screwed along the way
Sure, dressing down is a staple of Silicon Valley startup culture — and a sign of its swagger. The defense counsel tried to elicit testimony from Yedidia that the cargo shorts were evidence of Bankman-Fried’s humility, but the photograph seemed to signify just the opposite: that the man in cargo shorts is so important, he doesn’t need to dress up, even to meet former world leaders.
Now, in court, Bankman-Fried is wearing a suit.
In 2019, just months after FTX was founded, Wang oversaw code called “allow_negative” that let Alameda Research avoid being liquidated by FTX’s risk management. It was turned on in July. No other customer trading on FTX had “allow_negative” privileges — only Alameda.
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In the end, the FTX trial was about the friends screwed along the way
Sure, dressing down is a staple of Silicon Valley startup culture — and a sign of its swagger. The defense counsel tried to elicit testimony from Yedidia that the cargo shorts were evidence of Bankman-Fried’s humility, but the photograph seemed to signify just the opposite: that the man in cargo shorts is so important, he doesn’t need to dress up, even to meet former world leaders.
Now, in court, Bankman-Fried is wearing a suit.
In 2019, just months after FTX was founded, Wang oversaw code called “allow_negative” that let Alameda Research avoid being liquidated by FTX’s risk management. It was turned on in July. No other customer trading on FTX had “allow_negative” privileges — only Alameda. Wang’s testimony suggests that the fraud at FTX started very early since the same day that allow_negative was switched on, Bankman-Fried tweeted that Alameda’s account “was like everyone else’s.”
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating.
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In the end, the FTX trial was about the friends screwed along the way
Now, in court, Bankman-Fried is wearing a suit.
In 2019, just months after FTX was founded, Wang oversaw code called “allow_negative” that let Alameda Research avoid being liquidated by FTX’s risk management. It was turned on in July. No other customer trading on FTX had “allow_negative” privileges — only Alameda. Wang’s testimony suggests that the fraud at FTX started very early since the same day that allow_negative was switched on, Bankman-Fried tweeted that Alameda’s account “was like everyone else’s.”
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating. For instance, Alameda Research first had a negative balance in late 2019, Wang testified. Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue.
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In the end, the FTX trial was about the friends screwed along the way
In 2019, just months after FTX was founded, Wang oversaw code called “allow_negative” that let Alameda Research avoid being liquidated by FTX’s risk management. It was turned on in July. No other customer trading on FTX had “allow_negative” privileges — only Alameda. Wang’s testimony suggests that the fraud at FTX started very early since the same day that allow_negative was switched on, Bankman-Fried tweeted that Alameda’s account “was like everyone else’s.”
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating. For instance, Alameda Research first had a negative balance in late 2019, Wang testified. Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue. A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue.
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In the end, the FTX trial was about the friends screwed along the way
It was turned on in July. No other customer trading on FTX had “allow_negative” privileges — only Alameda. Wang’s testimony suggests that the fraud at FTX started very early since the same day that allow_negative was switched on, Bankman-Fried tweeted that Alameda’s account “was like everyone else’s.”
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating. For instance, Alameda Research first had a negative balance in late 2019, Wang testified. Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue. A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue. Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched.
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In the end, the FTX trial was about the friends screwed along the way
Wang’s testimony suggests that the fraud at FTX started very early since the same day that allow_negative was switched on, Bankman-Fried tweeted that Alameda’s account “was like everyone else’s.”
The general sense I got, from the testimony of Bankman-Fried’s former friends, was that things just kept escalating. For instance, Alameda Research first had a negative balance in late 2019, Wang testified. Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue. A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue. Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched. Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX.
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In the end, the FTX trial was about the friends screwed along the way
For instance, Alameda Research first had a negative balance in late 2019, Wang testified. Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue. A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue. Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched. Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified.
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In the end, the FTX trial was about the friends screwed along the way
For instance, Alameda Research first had a negative balance in late 2019, Wang testified. Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue. A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue. Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched. Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified. That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
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In the end, the FTX trial was about the friends screwed along the way
Wang testified that he heard Bankman-Fried tell another trader that it was okay to continue withdrawing money from the account as long as the amount was less than FTX’s total trading revenue. A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue. Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched. Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified. That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little.
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In the end, the FTX trial was about the friends screwed along the way
A little later, Wang discovered that Alameda was negative by $50 million more than FTX’s revenue. Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched. Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified. That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little. First, it was okay to dip into FTX’s profits. Then, it was okay to take more.
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In the end, the FTX trial was about the friends screwed along the way
Bankman-Fried told him it was fine, and it just didn’t account for the FTT token that the two of them had launched. Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified. That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little. First, it was okay to dip into FTX’s profits. Then, it was okay to take more. Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity.
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In the end, the FTX trial was about the friends screwed along the way
Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified. That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little. First, it was okay to dip into FTX’s profits. Then, it was okay to take more. Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
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In the end, the FTX trial was about the friends screwed along the way
Wang trusted him.
Wang also set Alameda Research up with an enormous line of credit, unmatched by anyone else on FTX. Ultimately, the number was $65 billion — the result of repeated increases as Alameda Research repeatedly ran up against its credit limit. This line of capital wasn’t visible to auditors, Ellison testified. That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little. First, it was okay to dip into FTX’s profits. Then, it was okay to take more. Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
Ellison testified to something similar, choking back tears: “When I started working at Alameda, I don’t think I would have believed you if you told me I would be sending false balance sheets to our lenders or taking customer money, but over time, it was something I became more comfortable with.”
Ellison’s tenure as CEO of Alameda Research was an exercise in optics, she testified.
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In the end, the FTX trial was about the friends screwed along the way
That credit line was used primarily for trading because it “allowed us to make profitable trades we couldn’t have made otherwise,” Ellison testified.
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little. First, it was okay to dip into FTX’s profits. Then, it was okay to take more. Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
Ellison testified to something similar, choking back tears: “When I started working at Alameda, I don’t think I would have believed you if you told me I would be sending false balance sheets to our lenders or taking customer money, but over time, it was something I became more comfortable with.”
Ellison’s tenure as CEO of Alameda Research was an exercise in optics, she testified. Alameda Research was, by then, FTX’s sin-eater.
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In the end, the FTX trial was about the friends screwed along the way
“Over time, it was something I became more comfortable with.”
Wang’s testimony revealed how the fraud got bigger, little by little. First, it was okay to dip into FTX’s profits. Then, it was okay to take more. Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
Ellison testified to something similar, choking back tears: “When I started working at Alameda, I don’t think I would have believed you if you told me I would be sending false balance sheets to our lenders or taking customer money, but over time, it was something I became more comfortable with.”
Ellison’s tenure as CEO of Alameda Research was an exercise in optics, she testified. Alameda Research was, by then, FTX’s sin-eater. When FTX took a loss in the hundreds of million dollars because a trader had exploited its system, Wang moved that loss onto Alameda’s balance sheet.
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In the end, the FTX trial was about the friends screwed along the way
First, it was okay to dip into FTX’s profits. Then, it was okay to take more. Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
Ellison testified to something similar, choking back tears: “When I started working at Alameda, I don’t think I would have believed you if you told me I would be sending false balance sheets to our lenders or taking customer money, but over time, it was something I became more comfortable with.”
Ellison’s tenure as CEO of Alameda Research was an exercise in optics, she testified. Alameda Research was, by then, FTX’s sin-eater. When FTX took a loss in the hundreds of million dollars because a trader had exploited its system, Wang moved that loss onto Alameda’s balance sheet. FTX’s “insurance fund,” meant to keep traders from getting stuck with other traders’ losses, was totally made up — Alameda simply picked up the tab.
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In the end, the FTX trial was about the friends screwed along the way
Then, it was okay to take even more. First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
Ellison testified to something similar, choking back tears: “When I started working at Alameda, I don’t think I would have believed you if you told me I would be sending false balance sheets to our lenders or taking customer money, but over time, it was something I became more comfortable with.”
Ellison’s tenure as CEO of Alameda Research was an exercise in optics, she testified. Alameda Research was, by then, FTX’s sin-eater. When FTX took a loss in the hundreds of million dollars because a trader had exploited its system, Wang moved that loss onto Alameda’s balance sheet. FTX’s “insurance fund,” meant to keep traders from getting stuck with other traders’ losses, was totally made up — Alameda simply picked up the tab.
Even that wasn’t good enough.
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In the end, the FTX trial was about the friends screwed along the way
First, it was a little line of credit just to provide liquidity. Then a bigger one. Then an effectively limitless one.
Ellison testified to something similar, choking back tears: “When I started working at Alameda, I don’t think I would have believed you if you told me I would be sending false balance sheets to our lenders or taking customer money, but over time, it was something I became more comfortable with.”
Ellison’s tenure as CEO of Alameda Research was an exercise in optics, she testified. Alameda Research was, by then, FTX’s sin-eater. When FTX took a loss in the hundreds of million dollars because a trader had exploited its system, Wang moved that loss onto Alameda’s balance sheet. FTX’s “insurance fund,” meant to keep traders from getting stuck with other traders’ losses, was totally made up — Alameda simply picked up the tab.
Even that wasn’t good enough. Singh testified to sprucing up FTX’s balance sheet with backdated transactions in December 2021 to push FTX’s revenue “over the line” to $1 billion.
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In the end, the FTX trial was about the friends screwed along the way
Alameda Research was, by then, FTX’s sin-eater. When FTX took a loss in the hundreds of million dollars because a trader had exploited its system, Wang moved that loss onto Alameda’s balance sheet. FTX’s “insurance fund,” meant to keep traders from getting stuck with other traders’ losses, was totally made up — Alameda simply picked up the tab.
Even that wasn’t good enough. Singh testified to sprucing up FTX’s balance sheet with backdated transactions in December 2021 to push FTX’s revenue “over the line” to $1 billion. By the time Singh found out about the use of customer money, in 2022, he was already compromised.
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important
In Singh’s case, it wasn’t just balance sheets he was fiddling with — it was also the American political system.
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In the end, the FTX trial was about the friends screwed along the way
Alameda Research was, by then, FTX’s sin-eater. When FTX took a loss in the hundreds of million dollars because a trader had exploited its system, Wang moved that loss onto Alameda’s balance sheet. FTX’s “insurance fund,” meant to keep traders from getting stuck with other traders’ losses, was totally made up — Alameda simply picked up the tab.
Even that wasn’t good enough. Singh testified to sprucing up FTX’s balance sheet with backdated transactions in December 2021 to push FTX’s revenue “over the line” to $1 billion. By the time Singh found out about the use of customer money, in 2022, he was already compromised.
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important
In Singh’s case, it wasn’t just balance sheets he was fiddling with — it was also the American political system. By coordinating with Gabe Bankman-Fried, Singh had funneled money to a number of political causes.
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In the end, the FTX trial was about the friends screwed along the way
FTX’s “insurance fund,” meant to keep traders from getting stuck with other traders’ losses, was totally made up — Alameda simply picked up the tab.
Even that wasn’t good enough. Singh testified to sprucing up FTX’s balance sheet with backdated transactions in December 2021 to push FTX’s revenue “over the line” to $1 billion. By the time Singh found out about the use of customer money, in 2022, he was already compromised.
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important
In Singh’s case, it wasn’t just balance sheets he was fiddling with — it was also the American political system. By coordinating with Gabe Bankman-Fried, Singh had funneled money to a number of political causes. That money came from “loans,” which weren’t really loans since he hadn’t signed any term sheets.
What was the goal here? What was accomplished?
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In the end, the FTX trial was about the friends screwed along the way
Even that wasn’t good enough. Singh testified to sprucing up FTX’s balance sheet with backdated transactions in December 2021 to push FTX’s revenue “over the line” to $1 billion. By the time Singh found out about the use of customer money, in 2022, he was already compromised.
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important
In Singh’s case, it wasn’t just balance sheets he was fiddling with — it was also the American political system. By coordinating with Gabe Bankman-Fried, Singh had funneled money to a number of political causes. That money came from “loans,” which weren’t really loans since he hadn’t signed any term sheets.
What was the goal here? What was accomplished? Singh testified to more than a billion dollars spent on celebrity endorsements, which made FTX very famous — even though the futures platform didn’t operate in the US.
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In the end, the FTX trial was about the friends screwed along the way
By the time Singh found out about the use of customer money, in 2022, he was already compromised.
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important
In Singh’s case, it wasn’t just balance sheets he was fiddling with — it was also the American political system. By coordinating with Gabe Bankman-Fried, Singh had funneled money to a number of political causes. That money came from “loans,” which weren’t really loans since he hadn’t signed any term sheets.
What was the goal here? What was accomplished? Singh testified to more than a billion dollars spent on celebrity endorsements, which made FTX very famous — even though the futures platform didn’t operate in the US. The political donations gave Bankman-Fried influence in the highest echelons of power. Ellison testified to Bankman-Fried’s venture investments, which gave him more dominance in the tech world.
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In the end, the FTX trial was about the friends screwed along the way
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important
In Singh’s case, it wasn’t just balance sheets he was fiddling with — it was also the American political system. By coordinating with Gabe Bankman-Fried, Singh had funneled money to a number of political causes. That money came from “loans,” which weren’t really loans since he hadn’t signed any term sheets.
What was the goal here? What was accomplished? Singh testified to more than a billion dollars spent on celebrity endorsements, which made FTX very famous — even though the futures platform didn’t operate in the US. The political donations gave Bankman-Fried influence in the highest echelons of power. Ellison testified to Bankman-Fried’s venture investments, which gave him more dominance in the tech world. At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important.
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In the end, the FTX trial was about the friends screwed along the way
By coordinating with Gabe Bankman-Fried, Singh had funneled money to a number of political causes. That money came from “loans,” which weren’t really loans since he hadn’t signed any term sheets.
What was the goal here? What was accomplished? Singh testified to more than a billion dollars spent on celebrity endorsements, which made FTX very famous — even though the futures platform didn’t operate in the US. The political donations gave Bankman-Fried influence in the highest echelons of power. Ellison testified to Bankman-Fried’s venture investments, which gave him more dominance in the tech world. At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important.
The pie chart that accompanied expert witness Peter Easton’s testimony. Image: The prosecution’s exhibit 1045
This was backed up by expert testimony from Notre Dame accounting professor Peter Easton, who’d also assisted in investigating Enron and WorldCom.
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In the end, the FTX trial was about the friends screwed along the way
That money came from “loans,” which weren’t really loans since he hadn’t signed any term sheets.
What was the goal here? What was accomplished? Singh testified to more than a billion dollars spent on celebrity endorsements, which made FTX very famous — even though the futures platform didn’t operate in the US. The political donations gave Bankman-Fried influence in the highest echelons of power. Ellison testified to Bankman-Fried’s venture investments, which gave him more dominance in the tech world. At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important.
The pie chart that accompanied expert witness Peter Easton’s testimony. Image: The prosecution’s exhibit 1045
This was backed up by expert testimony from Notre Dame accounting professor Peter Easton, who’d also assisted in investigating Enron and WorldCom. In a pie chart that showed how he’d traced funds for the $11.3 billion liability that Ellison, Singh, Wang, and Bankman-Fried had known about in June 2022, we saw that $1.2 billion was a loan repayment to crypto lender Genesis.
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In the end, the FTX trial was about the friends screwed along the way
The political donations gave Bankman-Fried influence in the highest echelons of power. Ellison testified to Bankman-Fried’s venture investments, which gave him more dominance in the tech world. At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important.
The pie chart that accompanied expert witness Peter Easton’s testimony. Image: The prosecution’s exhibit 1045
This was backed up by expert testimony from Notre Dame accounting professor Peter Easton, who’d also assisted in investigating Enron and WorldCom. In a pie chart that showed how he’d traced funds for the $11.3 billion liability that Ellison, Singh, Wang, and Bankman-Fried had known about in June 2022, we saw that $1.2 billion was a loan repayment to crypto lender Genesis. A substantial chunk had been spent on various investments, including in the celebrity-connected venture firm K5, trading firm Modulo (co-founded by one of Bankman-Fried’s ex-girlfriends), and AI company Anthropic.
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In the end, the FTX trial was about the friends screwed along the way
At every turn, the scams at FTX and Alameda led back to making Bankman-Fried more important.
The pie chart that accompanied expert witness Peter Easton’s testimony. Image: The prosecution’s exhibit 1045
This was backed up by expert testimony from Notre Dame accounting professor Peter Easton, who’d also assisted in investigating Enron and WorldCom. In a pie chart that showed how he’d traced funds for the $11.3 billion liability that Ellison, Singh, Wang, and Bankman-Fried had known about in June 2022, we saw that $1.2 billion was a loan repayment to crypto lender Genesis. A substantial chunk had been spent on various investments, including in the celebrity-connected venture firm K5, trading firm Modulo (co-founded by one of Bankman-Fried’s ex-girlfriends), and AI company Anthropic.
Another $413 million had gone directly to Bankman-Fried himself, through his wholly-owned company Paper Bird.
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In the end, the FTX trial was about the friends screwed along the way
The pie chart that accompanied expert witness Peter Easton’s testimony. Image: The prosecution’s exhibit 1045
This was backed up by expert testimony from Notre Dame accounting professor Peter Easton, who’d also assisted in investigating Enron and WorldCom. In a pie chart that showed how he’d traced funds for the $11.3 billion liability that Ellison, Singh, Wang, and Bankman-Fried had known about in June 2022, we saw that $1.2 billion was a loan repayment to crypto lender Genesis. A substantial chunk had been spent on various investments, including in the celebrity-connected venture firm K5, trading firm Modulo (co-founded by one of Bankman-Fried’s ex-girlfriends), and AI company Anthropic.
Another $413 million had gone directly to Bankman-Fried himself, through his wholly-owned company Paper Bird. “Outflows to insiders,” which suggested Singh’s not-quite-loans were included, was $192 million; real estate was another $228 million; and the donations to Gabe Bankman-Fried’s Guarding Against Pandemics, combined with the philanthropy from the FTX Foundation, totaled less than $40 million.
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In the end, the FTX trial was about the friends screwed along the way
In a pie chart that showed how he’d traced funds for the $11.3 billion liability that Ellison, Singh, Wang, and Bankman-Fried had known about in June 2022, we saw that $1.2 billion was a loan repayment to crypto lender Genesis. A substantial chunk had been spent on various investments, including in the celebrity-connected venture firm K5, trading firm Modulo (co-founded by one of Bankman-Fried’s ex-girlfriends), and AI company Anthropic.
Another $413 million had gone directly to Bankman-Fried himself, through his wholly-owned company Paper Bird. “Outflows to insiders,” which suggested Singh’s not-quite-loans were included, was $192 million; real estate was another $228 million; and the donations to Gabe Bankman-Fried’s Guarding Against Pandemics, combined with the philanthropy from the FTX Foundation, totaled less than $40 million.
It is easy to lie with words and harder to lie with money.
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In the end, the FTX trial was about the friends screwed along the way
A substantial chunk had been spent on various investments, including in the celebrity-connected venture firm K5, trading firm Modulo (co-founded by one of Bankman-Fried’s ex-girlfriends), and AI company Anthropic.
Another $413 million had gone directly to Bankman-Fried himself, through his wholly-owned company Paper Bird. “Outflows to insiders,” which suggested Singh’s not-quite-loans were included, was $192 million; real estate was another $228 million; and the donations to Gabe Bankman-Fried’s Guarding Against Pandemics, combined with the philanthropy from the FTX Foundation, totaled less than $40 million.
It is easy to lie with words and harder to lie with money. Bankman-Fried went around telling people that he wanted to make a lot of money to give it away, an idea of the Effective Altruism movement that Bankman-Fried affiliated himself with — but the amount of money he funneled to his Paper Bird vehicle alone was ten times the size of his philanthropic spending as outlined by Easton.
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In the end, the FTX trial was about the friends screwed along the way
Another $413 million had gone directly to Bankman-Fried himself, through his wholly-owned company Paper Bird. “Outflows to insiders,” which suggested Singh’s not-quite-loans were included, was $192 million; real estate was another $228 million; and the donations to Gabe Bankman-Fried’s Guarding Against Pandemics, combined with the philanthropy from the FTX Foundation, totaled less than $40 million.
It is easy to lie with words and harder to lie with money. Bankman-Fried went around telling people that he wanted to make a lot of money to give it away, an idea of the Effective Altruism movement that Bankman-Fried affiliated himself with — but the amount of money he funneled to his Paper Bird vehicle alone was ten times the size of his philanthropic spending as outlined by Easton. And it was all vastly outweighed by his investments — the places where he could prove he was very smart by investing in the right companies early.
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In the end, the FTX trial was about the friends screwed along the way
“Outflows to insiders,” which suggested Singh’s not-quite-loans were included, was $192 million; real estate was another $228 million; and the donations to Gabe Bankman-Fried’s Guarding Against Pandemics, combined with the philanthropy from the FTX Foundation, totaled less than $40 million.
It is easy to lie with words and harder to lie with money. Bankman-Fried went around telling people that he wanted to make a lot of money to give it away, an idea of the Effective Altruism movement that Bankman-Fried affiliated himself with — but the amount of money he funneled to his Paper Bird vehicle alone was ten times the size of his philanthropic spending as outlined by Easton. And it was all vastly outweighed by his investments — the places where he could prove he was very smart by investing in the right companies early.
And in brief, explosive testimony, former FTX lawyer Can Sun demonstrated what Bankman-Fried’s tactic was.
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In the end, the FTX trial was about the friends screwed along the way
It is easy to lie with words and harder to lie with money. Bankman-Fried went around telling people that he wanted to make a lot of money to give it away, an idea of the Effective Altruism movement that Bankman-Fried affiliated himself with — but the amount of money he funneled to his Paper Bird vehicle alone was ten times the size of his philanthropic spending as outlined by Easton. And it was all vastly outweighed by his investments — the places where he could prove he was very smart by investing in the right companies early.
And in brief, explosive testimony, former FTX lawyer Can Sun demonstrated what Bankman-Fried’s tactic was. During the days in November when the exchange imploded, Bankman-Fried was trying to raise money from Apollo, the private equity group. Apollo wanted an explanation for what had happened, and so Bankman-Fried came to Sun to ask him to come up with justifications for the missing funds.
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In the end, the FTX trial was about the friends screwed along the way
Bankman-Fried went around telling people that he wanted to make a lot of money to give it away, an idea of the Effective Altruism movement that Bankman-Fried affiliated himself with — but the amount of money he funneled to his Paper Bird vehicle alone was ten times the size of his philanthropic spending as outlined by Easton. And it was all vastly outweighed by his investments — the places where he could prove he was very smart by investing in the right companies early.
And in brief, explosive testimony, former FTX lawyer Can Sun demonstrated what Bankman-Fried’s tactic was. During the days in November when the exchange imploded, Bankman-Fried was trying to raise money from Apollo, the private equity group. Apollo wanted an explanation for what had happened, and so Bankman-Fried came to Sun to ask him to come up with justifications for the missing funds.
The defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison
That “basically confirmed my suspicions that had been rising all day” that Bankman-Fried had purloined the funds, Sun said.
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In the end, the FTX trial was about the friends screwed along the way
And it was all vastly outweighed by his investments — the places where he could prove he was very smart by investing in the right companies early.
And in brief, explosive testimony, former FTX lawyer Can Sun demonstrated what Bankman-Fried’s tactic was. During the days in November when the exchange imploded, Bankman-Fried was trying to raise money from Apollo, the private equity group. Apollo wanted an explanation for what had happened, and so Bankman-Fried came to Sun to ask him to come up with justifications for the missing funds.
The defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison
That “basically confirmed my suspicions that had been rising all day” that Bankman-Fried had purloined the funds, Sun said. He ran Bankman-Fried through possible explanations, including a margin loan program, and explained that none of them could fit the actual situation — for instance, Alameda had borrowed more from FTX than had ever been in the margin loan program.
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In the end, the FTX trial was about the friends screwed along the way
And in brief, explosive testimony, former FTX lawyer Can Sun demonstrated what Bankman-Fried’s tactic was. During the days in November when the exchange imploded, Bankman-Fried was trying to raise money from Apollo, the private equity group. Apollo wanted an explanation for what had happened, and so Bankman-Fried came to Sun to ask him to come up with justifications for the missing funds.
The defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison
That “basically confirmed my suspicions that had been rising all day” that Bankman-Fried had purloined the funds, Sun said. He ran Bankman-Fried through possible explanations, including a margin loan program, and explained that none of them could fit the actual situation — for instance, Alameda had borrowed more from FTX than had ever been in the margin loan program. He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
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In the end, the FTX trial was about the friends screwed along the way
During the days in November when the exchange imploded, Bankman-Fried was trying to raise money from Apollo, the private equity group. Apollo wanted an explanation for what had happened, and so Bankman-Fried came to Sun to ask him to come up with justifications for the missing funds.
The defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison
That “basically confirmed my suspicions that had been rising all day” that Bankman-Fried had purloined the funds, Sun said. He ran Bankman-Fried through possible explanations, including a margin loan program, and explained that none of them could fit the actual situation — for instance, Alameda had borrowed more from FTX than had ever been in the margin loan program. He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified.
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In the end, the FTX trial was about the friends screwed along the way
Apollo wanted an explanation for what had happened, and so Bankman-Fried came to Sun to ask him to come up with justifications for the missing funds.
The defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison
That “basically confirmed my suspicions that had been rising all day” that Bankman-Fried had purloined the funds, Sun said. He ran Bankman-Fried through possible explanations, including a margin loan program, and explained that none of them could fit the actual situation — for instance, Alameda had borrowed more from FTX than had ever been in the margin loan program. He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified. He quit the next day. Like Yedidia, Sun testified with immunity.
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In the end, the FTX trial was about the friends screwed along the way
The defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison
That “basically confirmed my suspicions that had been rising all day” that Bankman-Fried had purloined the funds, Sun said. He ran Bankman-Fried through possible explanations, including a margin loan program, and explained that none of them could fit the actual situation — for instance, Alameda had borrowed more from FTX than had ever been in the margin loan program. He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified. He quit the next day. Like Yedidia, Sun testified with immunity.
In the courtroom, we were treated to a Good Morning America appearance by Bankman-Fried on December 1st, 2022.
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In the end, the FTX trial was about the friends screwed along the way
He ran Bankman-Fried through possible explanations, including a margin loan program, and explained that none of them could fit the actual situation — for instance, Alameda had borrowed more from FTX than had ever been in the margin loan program. He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified. He quit the next day. Like Yedidia, Sun testified with immunity.
In the courtroom, we were treated to a Good Morning America appearance by Bankman-Fried on December 1st, 2022. In it, Bankman-Fried tried to justify the missing funds through the margin loan program. It was such a flimsy excuse that even George Stephanopoulos could see through it.
Did Bankman-Fried really think he could get away with it all?
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In the end, the FTX trial was about the friends screwed along the way
He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified. He quit the next day. Like Yedidia, Sun testified with immunity.
In the courtroom, we were treated to a Good Morning America appearance by Bankman-Fried on December 1st, 2022. In it, Bankman-Fried tried to justify the missing funds through the margin loan program. It was such a flimsy excuse that even George Stephanopoulos could see through it.
Did Bankman-Fried really think he could get away with it all? He must still think so, or he would not be dragging his closest companions’ names through the mud in a jury trial.
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In the end, the FTX trial was about the friends screwed along the way
He said Bankman-Fried acknowledged their conversation with a “yup, yup.” “I was expecting a bigger response, but it was very muted,” Sun said.
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified. He quit the next day. Like Yedidia, Sun testified with immunity.
In the courtroom, we were treated to a Good Morning America appearance by Bankman-Fried on December 1st, 2022. In it, Bankman-Fried tried to justify the missing funds through the margin loan program. It was such a flimsy excuse that even George Stephanopoulos could see through it.
Did Bankman-Fried really think he could get away with it all? He must still think so, or he would not be dragging his closest companions’ names through the mud in a jury trial. Throughout the entire prosecution’s case, the defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison.
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In the end, the FTX trial was about the friends screwed along the way
After that, Singh spilled the beans: Alameda had withdrawn assets that included the customer funds, Sun testified. He quit the next day. Like Yedidia, Sun testified with immunity.
In the courtroom, we were treated to a Good Morning America appearance by Bankman-Fried on December 1st, 2022. In it, Bankman-Fried tried to justify the missing funds through the margin loan program. It was such a flimsy excuse that even George Stephanopoulos could see through it.
Did Bankman-Fried really think he could get away with it all? He must still think so, or he would not be dragging his closest companions’ names through the mud in a jury trial. Throughout the entire prosecution’s case, the defense has struggled to shake the credibility of witnesses such as Yedidia, Wang, and Ellison. The hits the defense made on Singh didn’t make me doubt the overall truth of his story — they just made me think that Singh was kind of self-serving and trying to secure himself a lenient sentence.
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The best Sorcerer builds and skills in Diablo 4
Sorcerers are the magic-slinging wizards of Sanctuary in Diablo 4. But with each element they can harness bringing its own unique effect, it can be easy to get overwhelmed when trying to design a Sorcerer build. That’s where we come in, with our suggestions of the best Sorcerer builds for Diablo 4 season 2.
Sorcerers are capable of harnessing lightning to deal with crowds, ice to keep the hordes at bay, and fire to burn the demons of hell. But they’re also able to enchant their own spells with unique effects, intricately combining abilities for devastating results.
In this Diablo 4 guide, we’ve gathered and simplified the best Diablo 4 Sorcerer builds for season 2. If you need even more information on item affixes or other more complex ideas, we’ve been sure to link out to the more detailed versions of these builds, as well as where to find their original creators.
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The best Sorcerer builds and skills in Diablo 4
Sorcerers are the magic-slinging wizards of Sanctuary in Diablo 4. But with each element they can harness bringing its own unique effect, it can be easy to get overwhelmed when trying to design a Sorcerer build. That’s where we come in, with our suggestions of the best Sorcerer builds for Diablo 4 season 2.
Sorcerers are capable of harnessing lightning to deal with crowds, ice to keep the hordes at bay, and fire to burn the demons of hell. But they’re also able to enchant their own spells with unique effects, intricately combining abilities for devastating results.
In this Diablo 4 guide, we’ve gathered and simplified the best Diablo 4 Sorcerer builds for season 2. If you need even more information on item affixes or other more complex ideas, we’ve been sure to link out to the more detailed versions of these builds, as well as where to find their original creators.
Best Sorcerer leveling build
This build is based off Lexyu’s Sorcerer leveling guide at IcyVeins, and is purely for leveling: i.e., allocating your 58 skill points between levels 1 and 50.
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The best Sorcerer builds and skills in Diablo 4
That’s where we come in, with our suggestions of the best Sorcerer builds for Diablo 4 season 2.
Sorcerers are capable of harnessing lightning to deal with crowds, ice to keep the hordes at bay, and fire to burn the demons of hell. But they’re also able to enchant their own spells with unique effects, intricately combining abilities for devastating results.
In this Diablo 4 guide, we’ve gathered and simplified the best Diablo 4 Sorcerer builds for season 2. If you need even more information on item affixes or other more complex ideas, we’ve been sure to link out to the more detailed versions of these builds, as well as where to find their original creators.
Best Sorcerer leveling build
This build is based off Lexyu’s Sorcerer leveling guide at IcyVeins, and is purely for leveling: i.e., allocating your 58 skill points between levels 1 and 50. If you want more detailed information about the item affixes you want to look for on your gear, or which other Legendary powers are great for your build, check out the original IcyVeins guide.
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The best Sorcerer builds and skills in Diablo 4
But they’re also able to enchant their own spells with unique effects, intricately combining abilities for devastating results.
In this Diablo 4 guide, we’ve gathered and simplified the best Diablo 4 Sorcerer builds for season 2. If you need even more information on item affixes or other more complex ideas, we’ve been sure to link out to the more detailed versions of these builds, as well as where to find their original creators.
Best Sorcerer leveling build
This build is based off Lexyu’s Sorcerer leveling guide at IcyVeins, and is purely for leveling: i.e., allocating your 58 skill points between levels 1 and 50. If you want more detailed information about the item affixes you want to look for on your gear, or which other Legendary powers are great for your build, check out the original IcyVeins guide.
Best skills for leveling
This Sorcerer build guide is going to see you harness the awesome power of Lightning to speed through the leveling process.
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The best Sorcerer builds and skills in Diablo 4
In this Diablo 4 guide, we’ve gathered and simplified the best Diablo 4 Sorcerer builds for season 2. If you need even more information on item affixes or other more complex ideas, we’ve been sure to link out to the more detailed versions of these builds, as well as where to find their original creators.
Best Sorcerer leveling build
This build is based off Lexyu’s Sorcerer leveling guide at IcyVeins, and is purely for leveling: i.e., allocating your 58 skill points between levels 1 and 50. If you want more detailed information about the item affixes you want to look for on your gear, or which other Legendary powers are great for your build, check out the original IcyVeins guide.
Best skills for leveling
This Sorcerer build guide is going to see you harness the awesome power of Lightning to speed through the leveling process. There are a few options for Core skills here, but we’re specifically going to be showing you Lexyu’s Chain Lightning variation.
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The best Sorcerer builds and skills in Diablo 4
If you need even more information on item affixes or other more complex ideas, we’ve been sure to link out to the more detailed versions of these builds, as well as where to find their original creators.
Best Sorcerer leveling build
This build is based off Lexyu’s Sorcerer leveling guide at IcyVeins, and is purely for leveling: i.e., allocating your 58 skill points between levels 1 and 50. If you want more detailed information about the item affixes you want to look for on your gear, or which other Legendary powers are great for your build, check out the original IcyVeins guide.
Best skills for leveling
This Sorcerer build guide is going to see you harness the awesome power of Lightning to speed through the leveling process. There are a few options for Core skills here, but we’re specifically going to be showing you Lexyu’s Chain Lightning variation. In this build, you’ll also use Frost Bolt, Teleport, Frost Nova, Lightning Spear, and Ice Armor.
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The best Sorcerer builds and skills in Diablo 4
Best Sorcerer leveling build
This build is based off Lexyu’s Sorcerer leveling guide at IcyVeins, and is purely for leveling: i.e., allocating your 58 skill points between levels 1 and 50. If you want more detailed information about the item affixes you want to look for on your gear, or which other Legendary powers are great for your build, check out the original IcyVeins guide.
Best skills for leveling
This Sorcerer build guide is going to see you harness the awesome power of Lightning to speed through the leveling process. There are a few options for Core skills here, but we’re specifically going to be showing you Lexyu’s Chain Lightning variation. In this build, you’ll also use Frost Bolt, Teleport, Frost Nova, Lightning Spear, and Ice Armor.
Here are the best skills for a Sorcerer leveling build, organized by the exact order you should purchase them in — bearing in mind that some skills require you to allocate a number of skill points in the tree in order to unlock them.
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The best Sorcerer builds and skills in Diablo 4
If you want more detailed information about the item affixes you want to look for on your gear, or which other Legendary powers are great for your build, check out the original IcyVeins guide.
Best skills for leveling
This Sorcerer build guide is going to see you harness the awesome power of Lightning to speed through the leveling process. There are a few options for Core skills here, but we’re specifically going to be showing you Lexyu’s Chain Lightning variation. In this build, you’ll also use Frost Bolt, Teleport, Frost Nova, Lightning Spear, and Ice Armor.
Here are the best skills for a Sorcerer leveling build, organized by the exact order you should purchase them in — bearing in mind that some skills require you to allocate a number of skill points in the tree in order to unlock them. As such, you’ll need to unlock new skills before enhancing existing ones:
Frost Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost
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The best Sorcerer builds and skills in Diablo 4
Best skills for leveling
This Sorcerer build guide is going to see you harness the awesome power of Lightning to speed through the leveling process. There are a few options for Core skills here, but we’re specifically going to be showing you Lexyu’s Chain Lightning variation. In this build, you’ll also use Frost Bolt, Teleport, Frost Nova, Lightning Spear, and Ice Armor.
Here are the best skills for a Sorcerer leveling build, organized by the exact order you should purchase them in — bearing in mind that some skills require you to allocate a number of skill points in the tree in order to unlock them. As such, you’ll need to unlock new skills before enhancing existing ones:
Frost Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank
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The best Sorcerer builds and skills in Diablo 4
There are a few options for Core skills here, but we’re specifically going to be showing you Lexyu’s Chain Lightning variation. In this build, you’ll also use Frost Bolt, Teleport, Frost Nova, Lightning Spear, and Ice Armor.
Here are the best skills for a Sorcerer leveling build, organized by the exact order you should purchase them in — bearing in mind that some skills require you to allocate a number of skill points in the tree in order to unlock them. As such, you’ll need to unlock new skills before enhancing existing ones:
Frost Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor /
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The best Sorcerer builds and skills in Diablo 4
In this build, you’ll also use Frost Bolt, Teleport, Frost Nova, Lightning Spear, and Ice Armor.
Here are the best skills for a Sorcerer leveling build, organized by the exact order you should purchase them in — bearing in mind that some skills require you to allocate a number of skill points in the tree in order to unlock them. As such, you’ll need to unlock new skills before enhancing existing ones:
Frost Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear
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The best Sorcerer builds and skills in Diablo 4
Here are the best skills for a Sorcerer leveling build, organized by the exact order you should purchase them in — bearing in mind that some skills require you to allocate a number of skill points in the tree in order to unlock them. As such, you’ll need to unlock new skills before enhancing existing ones:
Frost Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear (rank 2-5) Frost Bolt (rank 2-5) Conduction (rank
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The best Sorcerer builds and skills in Diablo 4
As such, you’ll need to unlock new skills before enhancing existing ones:
Frost Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear (rank 2-5) Frost Bolt (rank 2-5) Conduction (rank 1-3) Electrocution (rank 1-3) Align the Elements Protection (rank 1-3) Icy Veil (rank 1-3) Frost Nova (rank 2-3)
Best Enchantment setup for
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The best Sorcerer builds and skills in Diablo 4
Bolt / Enhanced Frost Bolt Chain Lightning Glinting Frost Bolt Enhanced Chain Lightning / Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear (rank 2-5) Frost Bolt (rank 2-5) Conduction (rank 1-3) Electrocution (rank 1-3) Align the Elements Protection (rank 1-3) Icy Veil (rank 1-3) Frost Nova (rank 2-3)
Best Enchantment setup for leveling
The Enchantment slot is key to a ton of your damage as a
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9197
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The best Sorcerer builds and skills in Diablo 4
Greater Chain Lightning Teleport Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear (rank 2-5) Frost Bolt (rank 2-5) Conduction (rank 1-3) Electrocution (rank 1-3) Align the Elements Protection (rank 1-3) Icy Veil (rank 1-3) Frost Nova (rank 2-3)
Best Enchantment setup for leveling
The Enchantment slot is key to a ton of your damage as a Sorcerer.
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9198
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The best Sorcerer builds and skills in Diablo 4
Frost Nova / Enhanced Frost Nova / Mystical Frost Nova Chain Lightning (rank 2-5) Fireball (rank 1 only for the Enchantment slot) Lightning Spear Glass Cannon (rank 1-3) Devastation Elemental Dominance (rank 1-3) Coursing Currents (rank 1-3) Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear (rank 2-5) Frost Bolt (rank 2-5) Conduction (rank 1-3) Electrocution (rank 1-3) Align the Elements Protection (rank 1-3) Icy Veil (rank 1-3) Frost Nova (rank 2-3)
Best Enchantment setup for leveling
The Enchantment slot is key to a ton of your damage as a Sorcerer. You’ll gain two slots as you level, here’s which spell you want to put in each slot:
Level 15: Fireball
Level 30: Chain Lightning
Best Legendary Aspects for Sorcerer leveling build
When you first start your new character, complete these three dungeons first in order to collect their Aspects.
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9199
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The best Sorcerer builds and skills in Diablo 4
Elemental Attunement Ice Armor / Enhanced Ice Armor / Shimmering Ice Armor Enhanced Teleport / Shimmering Teleport Enhanced Lightning Spear Vyr’s Mastery Invoked Lightning Spear / Lightning Spear (rank 2-5) Frost Bolt (rank 2-5) Conduction (rank 1-3) Electrocution (rank 1-3) Align the Elements Protection (rank 1-3) Icy Veil (rank 1-3) Frost Nova (rank 2-3)
Best Enchantment setup for leveling
The Enchantment slot is key to a ton of your damage as a Sorcerer. You’ll gain two slots as you level, here’s which spell you want to put in each slot:
Level 15: Fireball
Level 30: Chain Lightning
Best Legendary Aspects for Sorcerer leveling build
When you first start your new character, complete these three dungeons first in order to collect their Aspects. Then place them on a piece of gear (ideally jewelry, when possible).
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