FTX CEO Sam Bankman-Fried at an August 2023 bail hearing at Manhattan Federal Court.
Michael M. Santiago—Getty Imagessat silently in the third row of a Manhattan federal courthouse as his former closest colleagues and ex-girlfriend tore him apart.
But Bankman-Fried decided that the ability to tell his story himself to the jury was worth the risk. So on Thursday, Oct. 26, he was sworn in for the first time, in front of a large crowd of crypto enthusiasts and curious onlookers that spilled into several overflow rooms in the courthouse. “There were a lot of things that happened that I was either not informed of, or after the fact, sort of summarily informed of,” he said at one point, adding later: “I wish I had had more conversations; that I myself had been more informed.”
The tensest moment of the hearing came when Sassoon asked Bankman-Fried a forceful question about “embezzling customer assets.” While the question was thrown out by Judge Kaplan, Bankman-Fried responded anyway, refuting her question with a laugh.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried: FTX boss testifies in fraud trial - after jury sent homeThe 31-year-old is accused of stealing more than $10bn (£8.2bn) from unsuspecting customers of his FTX cryptocurrency exchange, which collapsed last year. He has pleaded not guilty to two counts of fraud and five counts of conspiracy.
Read more »
Glasgow cop blasted over 'disgraceful' sectarian and racist abuse dodges jailKyle Cruikshank launched a five year campaign of racist and sectarian abuse towards colleagues at a police station in Maryhill, Glasgow
Read more »
Glasgow policeman who made 'appalling' comments about Catholics dodges jailKyle Cruickshank made various sectarian and racist comments towards fellow officers while a serving police officer causing colleagues to avoid coming into the office while was around.
Read more »
Labour meltdown over backing for Israel: Keir Starmer dodges mentioning Middle East crisis at PMQs...Keir Starmer is due to meet Muslim MPs and peers this afternoon as he tries to defuse anger about his strong stance on the right to respond to Hamas terror attacks.
Read more »
Metropolitan Police officers sacked for gross misconduct over athlete searchJonathan Clapham and Sam Franks were sacked.
Read more »
Metropolitan Police officers sacked for gross misconduct over athlete searchJonathan Clapham and Sam Franks were sacked.
Read more »