![FTX-Founders-Planned-Defense-is-‘Irrelevant-Without-More-Details-DOJ.JPG FTX Founder's Planned Defense is ‘Irrelevant’ Without More Details, DOJ Argues](https://cryptotoptrends.com/wp-content/uploads/2023/08/FTX-Founders-Planned-Defense-is-‘Irrelevant-Without-More-Details-DOJ-678x381.jpg)
Wang’s “understanding that these were actual loans – structured by lawyers and memorialized in formal promissory notes that imposed real interest payment obligations – is relevant to rebut the inference that these were simply sham loans directed by Mr. Bankman-Fried to conceal the source of the funds,” the filing said.
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