Sam Bankman-Fried testifies: ‘No, I did not’ defraud FTX customers
Saturday, 28 October 2023 Sam Bankman-Fried, the founder of FTX crypto exchange, took the stand in his own defense during his trial for fraud and misusing customer funds. Bankman-Fried denied defrauding anyone or taking customer funds, instead portraying himself as a disengaged CEO who made mistakes. He attempted to cast doubt on testimony from former colleagues who have pleaded guilty to fraud and cooperated with prosecutors. Bankman-Fried faces decades in prison if convicted.
FTX Founder Testifies , About Alameda Research , Concerns Prior to Collapse.
ABC reports that Sam Bankman-Fried testified that he
expressed concerns Alameda Research could become
insolvent four months before FTX declared bankruptcy. .
ABC reports that Sam Bankman-Fried testified that...
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FTX founder Sam Bankman-Fried plans to testify at his fraud trial, according to his lawyer. The 31-year-old former crypto billionaire faces allegations of... IndiaTimes
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Sam Bankman-Fried, the former billionaire and founder of FTX cryptocurrency exchange, is set to go on trial for allegedly stealing billions of dollars from... IndiaTimes