The failed cryptocurrency exchange’s founder has so far tried to present an alternative explanation of how one of the world’s better-known trading platforms collapsed, suggesting it grew too quickly and without sufficient oversight or risk planning. However, prosecutors – led by Assistant U.S. Attorney Danielle Sassoon – have quickly sought to puncture that narrative, grilling Bankman-Fried about his involvement in FTX and its sister company Alameda Research, his public statements and whether he was permitted to use FTX customer funds, one of the key issues at the heart of the criminal case.
Related posts
-
An Elusive Indian Suspect at the Center of Indiana’s Crypto Fraud
Authorities in Grant County, Indiana, have recovered $36,000 in... -
TOKYO BEAST Teams up With Tools for Humanity, a Contributor to World Network Co-Founded by Alex Blania and Sam Altman
PRESS RELEASE. TOKYO BEAST FZCO (Headquarters: Dubai, United Arab... -
Sam Altman Shares Optimism for Cryptocurrency’s Bright Future
In a recent social media post, Openai CEO Sam Altman shared his optimistic outlook for the...