According to BlockBeats, on October 6, Adam Yedidia, a former senior engineer of FTX, testified in court on Thursday that he had met with SBF in June 2022 (on the eve of FTX's collapse), during which he asked SBF about the situation of FTX. SBF said, "We were bulletproof last year. But this year we are not (We're not bulletproof). It may take six months to three years to correct this problem." Later, SBF also told Adam Yedidia that SBF had tried to raise funds from the UAE to enhance the trading platform's cash reserves, but the efforts were unsuccessful.


