FTX boss Sam Bankman-Fried denies fraud at trial

Sam Bankman-Fried, testifying in his own defence at his fraud trial, acknowledged that a “lot of people got hurt” when the FTX cryptocurrency exchange he founded collapsed, but said he did not defraud anyone or take customer funds. Shortly after taking the witness stand in Manhattan federal court on Friday, Bankman-Fried said he made “a […]

This post was originally published on Michael West.