Alfred Lin, a partner at Sequoia Capital who once led the investment in FTX, issued a statement on the X platform, agreeing with the rapid and unanimous conviction of FTX founder SBF. Lin mentioned that this verdict confirmed what they had already known: SBF had misled and deceived many people, including customers, employees, business partners and investors, including himself and Sequoia Capital.
Lin said that immediately after the FTX collapse, Sequoia Capital reviewed its due diligence process and evaluated its 18-month working relationship with SBF. They concluded that Sequoia Capital had been deliberately misled and deceived. He added that they had remained silent over the past year while prosecutors built their case and during the trial. Lin expressed relief that the trial was over.