A prosecutor challenges the credibility of Sam Bankman-Fried by highlighting his public statements before and after the bankruptcy of FTX cryptocurrency exchange. Bankman-Fried is on trial for defrauding customers and investors.
A prosecutor has begun cross-examining Sam Bankman-Fried at a New York City trial, attempting to attack his credibility by highlighting public statements he made before and after the FTX cryptocurrency exchange he founded filed for bankruptcy late last year when it could no longer process billions of dollars in withdrawals.
Through her line of questioning, Ms Sassoon tried to show that Bankman-Fried’s public statements were false and that he promised customers that their accounts were safe while he looted them, spending lavishly on real estate, celebrity-laden promotions, investments and political contributions. Former Spanish football boss Luis Rubiales banned from the sport for three years for Women's World Cup kiss
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Prosecutor Cross-Examine FTX Sam Bankman-Fried Trial Credibility Bankruptcy Cryptocurrency Defraud
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