Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans

Wang’s “understanding that these were actual loans – structured by lawyers and memorialized in formal promissory notes that imposed real interest payment obligations – is relevant to rebut the inference that these were simply sham loans directed by Mr. Bankman-Fried to conceal the source of the funds,” the filing said.

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• Source: https://www.coindesk.com/policy/2023/10/10/bankman-fried-seeks-to-probe-lawyers-involvement-in-200m-sham-alameda-loans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines