Former FTX Senior Engineer: SBF was aware of the issues before the collapse, stating it would take six months to three years to resolve the problems

ChainCatcher news, former FTX senior engineer Adam Yedidia testified in court on Thursday that he met with SBF in June 2022 (on the eve of FTX's collapse) and asked SBF about the status of FTX. SBF said, "Last year we were bulletproof. But this year we are not (We're not bulletproof). It may take six months to three years to correct this issue."

Later, SBF also told Adam Yedidia that he had attempted to raise funds from the UAE to bolster the trading platform's cash reserves, but the efforts were unsuccessful.