This podcast episode provides insights into the key legal arguments and developments in the ongoing trial of Sam Bankman-Fried, the founder of FTX. The testimony of Kan Sun, FTX's former General Counsel, sheds light on the misuse of customer funds, the company's efforts to explain the $7 billion deficit, and the complexities surrounding the legal justification for the funds' disappearance. The trial unravels the legal battle between prosecutors and defense attorneys as they navigate the complexities of English law, terms of service, and the various arguments presented by Sun.