- The defense in Sam Bankman-Fried’s federal fraud trial rested its case Tuesday after calling three witnesses, including the FTX founder.
- Bankman-Fried faced three days of tough pushback by Assistant U.S. Attorney Danielle Sassoon, who spent much of her time attacking his credibility by using his own words against him and highlighting public statements he made leading up to and after the collapse of his multibillion-dollar cryptocurrency exchange.
- Bankman-Fried told jurors that even though he co-founded FTX, he wasn’t focused on the day-to-day duties and pushed blame onto other executives.
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Defense Rests In Trial Of Crypto Creep Bankman-Fried, Blames Other FTX Execs
WASHINGTON, DC - DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images)
