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Sequoia Capital partner Alfred Lin responded to SBF’s conviction: We have been deliberately misled and deceived by lies

CointimeCointime2023/11/03 01:39
By:Cointime

Odaily Planet Daily News According to a statement by Alfred Lin, a partner at Sequoia Capital, which led the investment in FTX, he agrees with the quick and unanimous conviction of SBF, the founder of FTX. Lin mentioned that this verdict confirmed the fact that they had long known: SBF had misled and deceived many people, including customers, employees, business partners, and investors, including himself and Sequoia Capital. Lin stated that after FTX collapsed, Sequoia Capital immediately reviewed its due diligence process and evaluated its 18-month working relationship with SBF. Their conclusion was that Sequoia Capital had been intentionally misled and deceived by lies. He also added that they remained silent during the establishment of the case and trial by the prosecution over the past year. Lin expressed relief at the end of the trial.

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