Paradigm's Testimony in Sam Bankman-Fried's Trial Supports Allegations of Investor Fraud at FTX



Matt Huang, co-founder of Paradigm, testified in Sam Bankman-Fried's trial, providing evidence that may support the prosecution's case of investor fraud. Huang stated that his firm was unaware of certain business practices at FTX, including the use of customer funds to support Bankman-Fried's hedge fund. Paradigm invested $278 million in FTX, but Huang testified that the investment is now valued at zero.
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