Ramnik Arora was described at trial as FTX's head of product and a principal participant in fundraising, investor outreach, venture investments, and capital planning.
Ramnik Arora
Former FTX executive responsible for ventures, investor relations, product work, and fundraising.
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Ramnik Arora was described at trial as FTX's head of product and, in practice, a principal participant in venture investing and fundraising. Huang said Arora took part in Paradigm's investment discussions, while Boroujerdi described Arora soliciting Third Point's interest and presenting a proposed raise as support for growth, marketing, and possible acquisitions. An admitted email also showed Arora prioritizing investment firms for an FTX group dinner.
Singh placed Arora in discussions about venture spending, possible crypto-lender acquisitions, capital constraints, expense reductions, and fundraising travel. Bankman-Fried likewise described Arora as effectively responsible for venture investing and fundraising, said they traveled together to meet prospective Middle Eastern investors, and included Arora among those involved in discussions responding to the November withdrawal crisis. Other testimony said Arora relayed discussions with attorneys about possible collateral from Three Arrows Capital, while clarifying that Arora was not an attorney. Can Sun's testimony left unresolved whether Arora or Bankman-Fried supplied a November 7 financial spreadsheet.
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