SBF Trial Saga: Can Sun “Never Approved” Misuse of Customer Funds

SBF’s intense criminal fraud trial has recently faced a major twist as Can Sun, the former general counsel of the exchange, strongly denied approving the controversial transfer of customer funds to Alameda Research.

Sun’s tenure, who worked for the exchange from August 2021 to its meltdown in November 2022, was characterized by his staunch belief in segregating client assets, a common practice in financial custodianship. His recent revelations during the trial shed light on internal operational conflicts within the exchange.

SBF Wanted “Jurisdictions” for Missing Funds: Can Sun

During the trial, Sun revealed that he became aware of Alameda’s alleged exemption from…

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