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

by Jeremy

The failed cryptocurrency alternate’s founder has to this point tried to current an alternate clarification of how one of many world’s better-known buying and selling platforms collapsed, suggesting it grew too rapidly and with out adequate oversight or danger planning. Nevertheless, prosecutors – led by Assistant U.S. Lawyer Danielle Sassoon – have rapidly 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 legal case.

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