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Sam Bankman-Fried- Case Archive
evidenceevidencedigitalFederal Criminal TrialGovernment Exhibit 878The FTX update said its matching engine was running smoothly, described a backlog in Bitcoin withdrawals, and said bank closures could slow stablecoin processing. Bankman-Fried described technical and banking constraints, while Wang testified that stablecoin withdrawals were slow because FTX lacked stablecoins.
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Government Exhibit 878

The FTX update said its matching engine was running smoothly, described a backlog in Bitcoin withdrawals, and said bank closures could slow stablecoin processing. Bankman-Fried described technical and banking constraints, while Wang testified that stablecoin withdrawals were slow because FTX lacked stablecoins.

2 proceedings2 mentions1 trial
Also known as (2)
  • FTX account tweets about withdrawal processing
  • GX-878

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The testimony used the update to contrast public explanations for withdrawal delays with internal conditions: Bankman-Fried attributed delays to processing constraints and banking hours, while Wang said FTX had run out of stablecoins.

Trial Record (2)