Yedidia insisted on immunity to testify because he was worried he may have facilitated a crime.
AdvertisementAdvertisementBefore Adam Yedidia could testify against Sam Bankman-Fried at the FTX cofounder's criminal trial, he needed reassurances.
AdvertisementAdvertisementThis courtroom sketch shows Adam Yedidia, former FTX and Alameda Research employee and former friend of Sam Bankman-Fried, testifying, Wednesday, Oct. 4, 2023.
In 2017, he worked at Alameda Research for two months as a trader before leaving to pursue a PhD.
Yedidia said he lived in a $35 million penthouse apartment in the Bahamas, which he said Alameda Research purchased at Bankman-Fried's direction.
Persons:
Sam Bankman, Adam Yedidia, Yedidia, —, Fried, Elizabeth Williams, Lewis Kaplan, who's, Caroline Ellison, Gary Wang, Prosecutors, Wang, Yedida
Organizations:
Service, Prosecutors, Alameda Research, AP, MIT
Locations:
Alameda, Manhattan, FTX, Bankman, Bahamas