FTX founder Sam Bankman-Fried testified at his New York trial on Friday, denying that he defrauded anyone but acknowledging that the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead.

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

Sam Bankman-Fried testified at his fraud trial, denying defrauding anyone and instead portraying himself as an inexperienced cryptocurrency visionary. He acknowledged making mistakes but disputed the claims made by former executives that he was responsible for the collapse of his businesses. Bankman-Fried admitted to lacking knowledge about the industry when he started FTX and about marketing when he became the face of his company. He also claim…

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FTX founder Sam Bankman-Fried testified at his fraud trial on Friday, telling the jury that he never took and used customer funds for his own benefit, and he never defrauded anyone.

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Sam Bankman-Fried denies taking customer funds in testimony at N.Y. fraud trial

NEW YORK (AP) — FTX founder Sam Bankman-Fried testified at his New York trial on Friday, denying that he defrauded anyone but acknowledging that the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead. The onetime cryptocurrency golden boy lost his businesses and his reputation as a pioneering […]

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FTX founder Sam Bankman-Fried testifies, acknowledging customers were hurt but denying fraud

FTX founder Sam Bankman-Fried has begun testifying at his fraud trial, saying the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead

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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.

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Sam Bankman-Fried admits ‘mistakes,’ testifies he did not defraud anyone - National

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.

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

By KEN SWEET and LARRY NEUMEISTER
Associated Press NEW YORK (AP) — FTX founder Sam Bankman-Fried began testifying at his fraud trial on Friday, saying the innovative business he hoped would move the cryptocurrency ecosystem forward ended up doing the opposite and hurting customers. The onetime cryptocurrency golden boy lost his businesses and his reputation as a pioneering entrepreneur in an emerging facet of finance when a rush of customers wit…

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FTX founder Sam Bankman-Fried testifies at his fraud trial

Sam Bankman-Fried, the founder of failed crypto exchange FTX, took the stand in New York on Friday in his criminal trial.

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FTX's Sam Bankman-Fried tells jury that he didn't commit fraud or take customer funds

By KEN SWEET and LARRY NEUMEISTER
Associated Press NEW YORK (AP) — FTX founder Sam Bankman-Fried testified at his New York trial on Friday, denying that he defrauded anyone but acknowledging that the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead. The onetime cryptocurrency golden boy lost his businesses and his reputation as a pioneering entrepreneur in an emerging facet of fi…

Bankman-Fried acknowledges in court customers hurt but denies fraud

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