Home Ethereum Sam Bankman-Fried Retakes Stand After Tough Cross-Ex in FTX Fraud Trial

Sam Bankman-Fried Retakes Stand After Tough Cross-Ex in FTX Fraud Trial

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Sam Bankman-Fried Retakes Stand After Tough Cross-Ex in FTX Fraud Trial

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The failed cryptocurrency change’s founder has thus far tried to current another rationalization of how one of many world’s better-known buying and selling platforms collapsed, suggesting it grew too shortly and with out ample oversight or danger planning. Nevertheless, prosecutors – led by Assistant U.S. Lawyer Danielle Sassoon – have shortly sought to puncture that narrative, grilling Bankman-Fried about his involvement in FTX and its sister firm Alameda Analysis, his public statements and whether or not he was permitted to make use of FTX buyer funds, one of many key points on the coronary heart of the prison case.

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