A tale of two websites:

Sam Bankman-Fried was a terrible boyfriend.

theverge.com/2023/10/10/23912036/sam-bankman-fried-ftx-caroline-ellison-alameda-research

>I've got some shitty ex-boyfriends, but none of them made me the CEO of their sin-eater hedge fund while refusing to give me equity and bragging about how there was a 5 percent chance they'd become the President of the United States, you know? Absolutely counting my blessings after Caroline Ellison's first day on the stand. I wonder how many of the nine women on the jury are doing the same.

That's how the Teen Vogue of the tech world sees the story.

The fraud was in the code.

newsletter.mollywhite.net/p/the-fraud-was-in-the-code

>Much of the conversation revolved around the allow_negative flag that was introduced to the FTX codebase on August 1, 2019. Wang testified that Sam Bankman-Fried had asked him and Nishad Singh (former FTX engineering director, who has also pleaded guilty) to add the flag. Github screenshots show Singh making a code change to add the column in the database, and adding logic to exempt accounts with the flag from checks that would otherwise determine if they had sufficient funds to withdraw.

Same story, except actually covering the story and showing the precise code that allowed Caroline Ellison to withdraw infinite amounts of money from customer funds.

Less of the former, more of the latter, s'il vous plait.