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The Albany
Adam Yedidia testified that he lived with Bankman-Fried in a penthouse at The Albany and, near its paddle tennis courts, told him about approximately $8 billion that Alameda owed FTX customers. Bankman-Fried later testified that he worked from a rented Albany apartment and spoke with Can Sun while walking around the resort before a follow-up call about a potential multibillion-dollar investment.
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- Albany
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The resort matters to the case record because Yedidia placed his disclosure to Bankman-Fried of the approximately $8 billion Alameda owed FTX customers there, while Bankman-Fried described working and discussing a potential investment from Albany during November 1 to 11.