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THE TRUTH ABOUT: Ftx s bankman fried admits mistakes denies fraud at trial - The Untold Story

FTX Sam Bankman-Fried Caroline Ellison Manhattan

FTX founder Sam Bankman-Fried has pleaded not guilty to fraud and embezzlement charges [File: Amr Alfiky/Reuters]

FTX founder Sam Bankman-Fried has admitted to making mistakes but denied defrauding customers while testifying in his own defence at his high-profile fraud trial in New York.

Bankman-Fried said on Friday that a “lot of people got hurt” when FTX collapsed last year, but he had never set out to steal from people.

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