FTX’s former chief technology officer, Gary Wang, testified at former CEO Sam Bankman-Fried’s trial on Oct. 6. Meanwhile, the European Union’s markets regulator has issued a second consultation on Markets in Crypto-Assets (MiCA) and plans to submit its final report to the European Commission by June 2024. Additionally, a judge has given EthereumMax (EMAX) investors suing celebrities over their alleged endorsements a third and final shot at an amended class-action complaint.
Alameda account on FTX had “special privileges,” according to Wang
Wang appeared at Bankman-Fried’s trial on Oct. 6, where he was asked a series of questions about the alleged connections between FTX and Alameda Research.