Sam Bankman-Fried on Trial: Big Moments So Far

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Catch up on big moments in the ongoing fraud trial of FTX founder Sam Bankman-Fried.

in his trial, his defense team has said. Some lawyers say that testifying may be the only chance for Bankman-Fried’s, who faces seven counts of fraud and conspiracy, to change the trial’s momentum.

assured the public on Twitter that FTX could weather a flood of withdrawals despite knowing it couldn’t. “FTX was not fine,” said Wang.that he never approved the misappropriation of customer funds. “In all my conversations with Sam, it had always been represented to me that customer assets were segregated and protected,” he said.

Source: Law Daily Report (lawdailyreport.net)

 

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