Zero Hedge
By Tyler Durden – November 1, 2023
The end to Sam Bankman-Fried’s time on the witness stand at his own trial was, to say the least, unceremonious.
On the last day of his cross-examination, Tuesday, SBF testified that he was aware in 2020 that FTX’s customer funds were stored in a bank account managed by its affiliate, hedge fund Alameda Research, according to CNN. He also stated he doesn’t remember instructing Alameda staff to secure those funds.
US Assistant Attorney Danielle Sassoon also pointed out SBF’s hobnobbing with the political elite and members of the Bahamian government, CNN noted.