Bankman

SBF Testifies That Alameda Only ‘Borrowed’ Customer Funds

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Photo: Victor J. Blue/Bloomberg (Getty Images) Sam Bankman-Fried testified before a jury for the first time on Friday saying he did not defraud FTX customers or take their funds, according to Bloomberg’s live reporting of the trial. The FTX and Alameda’s founder said that Alameda “borrowed” them, but admitted “a lot of people got hurt.” … Read more

Decide Revokes Sam Bankman-Fried’s Bail, Throws Him Again in Jail

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A federal choose stated there’s proof Sam Bankman-Fried twice tried to discredit witnesses by leaking delicate paperwork to the press.Picture: Bebeto Matthews (AP) As soon as the lord of a multibillion-dollar crypto empire below the FTX model title, Sam Bankman-Fried will now have to organize himself for his upcoming trial from a cell. A New … Read more