SBF states that they have supported "billions of dollars" worth of venture capital decisions.

BlockBeats reported on October 31st that during today's testimony, US prosecutors asked SBF: "Did you decide to spend billions of dollars on venture capital decisions in 2021 and 2022?" SBF responded, "I believe several billion dollars were my decision." SBF also admitted that he decided to invest billions of dollars in venture capital even before Alameda was ultimately hedged. According to Crunchbase data, FTX Ventures has invested in nearly 70 startups.