Bankman-Fried Testifies: ‘No, I Did Not’ Defraud FTX Customers

  • SBF admits some ‘mistakes’ during five hours on witness stand
  • SBF says he wasn’t sure what was happening with customer funds

Sam Bankman-Fried exits court in New York in July.

Photographer: Yuki Iwamura/Bloomberg
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“The defense calls Sam Bankman-Fried.”

The words hung in the air inside the hushed federal courtroom. Every eye fixed on the defendant – his once unruly hair shorn, an off-the-rack gray suit hanging from his thinned frame.