FTX: The court case continues
Sam Bankman-Fried is accused of fraud charges tied to the collapse of his now bankrupt crypto exchange FTX.
Sam Bankman-Fried is accused of fraud charges tied to the collapse of his now bankrupt crypto exchange FTX.
US prosecutors pounced on public statements made by the FTX founder as they finished cross-examining him on Tuesday about the collapse of his crypto empire.
They said there were inconsistencies between his media remarks and how his crypto exchange FTX was managed. He denies the charges and says he acted in good faith, but made mistakes.
(Picture: NEW YORK, USA - JUNE 15: FTX Founder Sam Bankman-Fried leaves from Manhattan Federal Court after court appearance in New York, United States on June 15, 2023. Picture credit: Getty Images).
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