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Sam Bankman-Fried Denies Defrauding Investors: 'We Thought We Could Build The Best Product On The Market'
Friday, October 27, 2023 - 11:23am | 664Read More...FTX founder Sam Bankman-Fried on Friday denied defrauding investors of their funds and claimed he had genuinely thought he could build the best product on the market. Taking the stand on the second day of his ongoing trial, he was called to the stand by his lawyer Mark Cohen, and was...
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Judge Warns Bankman-Fried's Defense Team: Repetitive Questioning 'Needs To Be Curbed'
Friday, October 6, 2023 - 9:47am | 647Read More...Judge Lewis Kaplan's patience is wearing thin with the defense team representing FTX (CRYPTO: FTT) founder Sam Bankman-Fried. In just three days of the trial, Kaplan has expressed significant frustration with the defense's approach, particularly their repetitive and imprecise...
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FTX Former Developer Adam Yedidia Testifies In Sam Bankman-Fried Trial About $8B Deficit
Friday, October 6, 2023 - 4:54am | 477Read More...Adam Yedidia, a significant witness in the ongoing trial of Sam Bankman-Fried, the ex-CEO of FTX, has testified that a bug in the FTX system led to an $8 billion shortfall for cryptocurrency hedge fund Alameda Research. As reported by Business Insider on Wednesday, Yedidia, a former...
