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WEKU
WEKU
Business
David Gura

Sam Bankman-Fried took a big risk by testifying in his own trial. It did not go well

Sam Bankman-Fried Bankman FTX Danielle Sassoon Caroline Ellison Lewis Kaplan Michael Lewis Alameda Alameda Research Mark Cohen
FTX founder Sam Bankman-Fried arrives at the U.S. federal courthouse in New York City to submit his not guilty plea on March 30, 2023. Bankman-Fried faced this week tough questioning from prosecutors who sought to paint him as the mastermind behind a massive fraud at FTX. (Ed Jones/AFP via Getty Images)

With the trial turning against him, Sam Bankman-Fried took what could be the biggest gamble of his life: The disgraced founder of the cryptocurrency exchange FTX testified in his own defense.

It did not go well.

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