Trial testimony portrayed Ramnik Arora as FTX's head of product and a principal participant in its fundraising, investor relations, venture investments, and later capital efforts.
Mentioned· FTX
Ramnik Arora
Former FTX executive responsible for ventures, investor relations, product work, and fundraising.
MentionedFederal Criminal Trial
10 proceedings·10 mentions
About
Trial testimony and exhibits described Arora as FTX's head of product who, in practice, worked with Bankman-Fried on venture investments and fundraising. Huang said Paradigm spoke with Arora during its 2021 investment review, Boroujerdi said Arora solicited Third Point's interest in 2022 and described the raise as supporting growth, marketing, and possible acquisitions, and an email showed Arora prioritizing investment firms for a July dinner.
Singh placed Arora in discussions about venture spending, crypto-lender acquisitions, capital constraints, expense cuts, and fundraising trips. Bankman-Fried likewise described Arora as effectively responsible for venture investing and fundraising, said Arora traveled with him to meet prospective Middle Eastern investors, and included him among those involved in the response to the November withdrawal crisis. Other testimony tied Arora to relayed discussions about proposed collateral from Three Arrows Capital and identified him as one of two possible immediate sources of a November 7 financial spreadsheet, without resolving which person supplied it.
Trial Record (10)
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