SBF wants to subpoena documents from old FTXAlameda law firm to use in his defense
1) The main topic of the article is the legal battle between Sam Bankman-Fried (SBF),founder of FTX crypto exchange,and his former partner at Alameda Research,Gary Wang. SBF intends to subpoena documents from the law firm that FTX used to represent them during the creation of certain trading products. SBF believes that these documents will show that he acted in good faith,even if Wang disagrees. There is also a broader issue of trade secrets and intellectual property at play,as FTX claims that Wang is trying to use confidential information to compete with them. 2) One of the main products at issue is called "Bullish" and was created through a partnership between FTX and Bullish Global. Wang claims that SBF did not disclose the full extent of the relationship to him,which he argues was unethical since he was a partner at Alameda Research at the time. SBF denies that there was anything improper about the deal. 3) Another issue is whether or not certain contractual terms were vi...