Prosecutor takes aim at Sam Bankman-Fried’s credibility at trial of FTX founder ...Middle East

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — 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. Attorney Danielle Sassoon confronted Bankman-Fried with instances in which he’d promised customers that their assets would be safe and that they could demand those assets to be returned at any time. Repeatedly, Bankman-Fried answered the series of questions with a rapid “Yep.” Bankman-Fried, 31, has b

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Last updated : 30 October 2023 clock 08:40 PM

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Prosecutor takes aim at Sam Bankman-Fried’s credibility at trial of FTX founder ...Middle East

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