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ABC News
ABC News
Business
Rebecca Armitage and North America correspondent Barbara Miller in Washington DC 

Sam Bankman-Fried promised his FTX crypto empire would save the world. US authorities say he was lying from the start

Right until the moment Bahamian police knocked on the door of his lavish penthouse apartment, Sam Bankman-Fried appeared to hold out hope that he could clean up his mess. 

The 30-year-old was putting the finishing touches on his testimony to the US House Financial Services Committee. 

Congress was investigating how FTX, one of the world's top digital currency exchange platforms, was able to collapse so quickly and so spectacularly. 

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