Sam Bankman-Fried wraps up testimony as fraud trial nears end
by Blake Montgomery from US news | The Guardian on (#6G0V0)
Prosecutors press Bankman-Fried on how Alameda Research, sister hedge fund to FTX exchange, spent $8bn of customer funds
The trial of cryptocurrency's most infamous entrepreneur is near its end, with closing arguments set to begin on Wednesday.
Sam Bankman-Fried, the founder of the now bankrupt cryptocurrency exchange FTX, stepped down from the witness stand in Manhattan federal court shortly before noon on Tuesday as his cross-examination ended.
Continue reading...