A prosecutor questioned the FTX founder's testimony during his fraud trial, confronting him over whether his statements after the company imploded were truthful.
A prosecutor began cross-examining Sam Bankman-Fried at a New York City trial on Monday, attacking his credibility by highlighting public statements he made before and after the FTX cryptocurrency exchange he founded filed for bankruptcy late last year when it could no longer process billions of dollars in withdrawals. Assistant U.S. Atty.
Through her line of questioning, Sassoon tried to show that Bankman-Fried's public statements were false and that he promised customers that their accounts were safe while he looted them, spending lavishly on real estate, celebrity-laden promotions, investments and political contributions.
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Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founderA prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year. Assistant U.S.
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Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founderA prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year.
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Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founderA prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year.
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LIVE: Sam Bankman-Fried Takes the Stand for a Third Day in FTX Fraud TrialNikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
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Sam Bankman-Fried Trial: FTX Founder Testifies For Third Day - Live From the CourtroomSam Bankman-Fried faces multiple fraud charges in the collapse of his cryptocurrency firm FTX. Bankman-Fried continues his testimony today.
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Sam Bankman-Fried Trial: FTX Founder Testifies For Third DaySam Bankman-Fried faces multiple fraud charges in the collapse of his cryptocurrency firm FTX. Bankman-Fried continues his testimony today.
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