Sam Bankman-Fried testified at his fraud trial, denying defrauding anyone and instead portraying himself as an inexperienced cryptocurrency visionary. He acknowledged making mistakes but disputed the claims made by former executives that he was responsible for the collapse of his businesses. Bankman-Fried admitted to lacking knowledge about the industry when he started FTX and about marketing when he became the face of his company. He also claimed ignorance about his businesses being billions of dollars in debt until shortly before their collapse.
- News Source Indiatimes (Click to view full news): CLICK HERE
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