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The Independent UK
The Independent UK
National
Bevan Hurley

UNBELIEVABLE: Sam bankman fried on the stand a lot of people got hurt - The Untold Story

Sam Bankman-Fried FTX Crypto Alameda Alameda Research Gary Wang Jane Rosenberg Mark Cohen Binance
REUTERS/Jane Rosenberg

Sam Bankman-Fried admitted making “a number of mistakes” but denied stealing from FTX customers as he took the stand at his multi-billion dollar fraud and money-laundering trial on Friday morning.

“A lot of people got hurt,” Mr Bankman-Fried said as he opened his testimony in a high-stakes move to try to avoid decades in prison over the collapse of his now-bankrupt FTX crypto exchange.

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