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‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

According to reports from Inner City Press, Wang addressed the courtroom on Oct. 5 following testimony from former FTX developer Adam Yedidia and Paradigm co-founder Matt Huang. The former CTO reportedly admitted to committing crimes during his time at FTX with the help of Bankman-Fried, former Alameda Research CEO Caroline Ellison and former FTX engineering director Nishad Singh.

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Euro zone retail sales fall much more than expected in Aug

Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh