The Latest Breaking News from FTX

Sam Bankman-Fried on the stand: ‘A lot of people got hurt’

Disgraced crypto entrepreneur admits mistakes were made in FTX’s collapse but denies he’s a crook

The Independent UK · Oct 27, 2023

Sam Bankman-Fried blames everyone but himself for FTX’s approach to risk management, including a trillion-dollar trading disaster

The FTX founder finally faced a jury on Friday, sharing a version of events that contradicted previous testimony from Gary Wang and Nishad Singh.

Fortune · Oct 27, 2023

Sam Bankman-Fried's performance on the stand shows his twisted moral compass

Sam Bankman-Fried's first day on the stand showed why lawyers say it's typically a bad idea for defendants to testify.

Fortune · Oct 27, 2023

Sam Bankman-Fried testifies in his crypto fraud trial without jury present

The CEO of the failed cryptocurrency exchange FTX is charged with seven counts of wire fraud and conspiracy to launder money

The Guardian - US · Oct 26, 2023

Sam Bankman-Fried awaits chance to tell his side of story in epic cryptocurrency exchange collapse

Prosecutors have rested, setting the stage for Sam Bankman-Fried to tell a jury at a New York criminal trial his version of how his multibillion dollar cryptocurrency empire collapsed, causing billions of dollars in losses that the government blames on him

The Independent UK · Oct 26, 2023

Sam Bankman-Fried wants to throw FTX lawyers under the bus when he takes the stand, per court filing

The defense also plans to prompt Bankman-Fried to testify about common practices in the crypto industry as well as why he pushed for the Bahamas to oversee FTX's bankruptcy.

Fortune · Oct 26, 2023

Up First briefing: Maine mass shootings; dwindling fuel complicates Gaza aid

Maine police are searching for a person of interest after a series of mass shootings last night. The U.N. says it can't continue to distribute aid in Gaza without more fuel.

WEKU · Oct 26, 2023

Sam Bankman-Fried will testify in his defense in what may be the gamble of his life

The former FTX CEO, who is accused of orchestrating one of the largest financial frauds in history, plans to testify in his own criminal trial in a major gamble to avoid prison time.

WEKU · Oct 25, 2023

Former cryptocurrency boss Sam Bankman-Fried will testify at trial, lawyer says

The FTX founder is accused of stealing billions of dollars from investors and customers

Evening Standard · Oct 25, 2023

Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says

A lawyer for Sam Bankman-Fried says the FTX founder plans to testify at his fraud trial

The Independent UK · Oct 25, 2023