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Jacquelyn Melinek / TechCrunch:
In his testimony, FTX co-founder Gary Wang says Alameda Research had “special privileges” that gave the firm a $65B line of credit, of which it withdrew $8B — FTX co-founder and CTO Gary Wang takes the stand — The Sam Bankman-Fried trial gained steam after a somewhat sleepier first half of the day.
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