Bankman-Fried acknowledges in court customers hurt but denies fraud

Sam Bankman-Fried testified before a jury that he thought FTX would have a 20% chance of success

The prosecution stated that FTX, “was built on lies,” and that SBF took the money from his company's clients to purchase beachfront property in the Bahamas and to pour money into political campaigns

FTX founder Sam Bankman-Fried acknowledges in court that customers were hurt but denies fraud - West Hawaii Today

NEW YORK — Sam Bankman-Fried, testifying at his fraud trial Friday, cast himself as a bumbling cryptocurrency visionary who knew nothing about the industry when he started FTX or about marketing when he became the face of his company and not enough about his businesses to see they were $10 billion in the hole until shortly before they collapsed.

FTX founder Sam Bankman-Fried acknowledges in court that customers were hurt but denies fraud

NEW YORK — Sam Bankman-Fried, testifying at his fraud trial Friday, cast himself as a bumbling cryptocurrency visionary who knew nothing about the industry when he started FTX or about marketing when he became the face of his company and not enough about his businesses to see they were $10 billion in the hole until shortly before they collapsed.

FTX founder Sam Bankman-Fried acknowledges in court that customers were hurt but denies fraud

NEW YORK — Sam Bankman-Fried, testifying at his fraud trial Friday, cast himself as a bumbling cryptocurrency visionary who knew nothing about the industry when he started FTX or about marketing when he became the face of his company and not enough about his businesses to see they were $10 billion in the hole until shortly before they collapsed.

Alleged crypto conman Sam Bankman-Fried denies fraud on stand but admits ‘significant oversights’

In a last-minute gamble, alleged crypto conman Sam Bankman-Fried testified at his multi-billion dollar fraud trial on Friday, telling a Manhattan federal court jury he didn’t defraud his customers —

People got hurt in the collapse of FTX, but I didn’t defraud anyone, says Bankman-Fried

Sam Bankman-Fried, testifying in his own defence at his fraud trial yesterday, 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.