Tuesday, October 31, 2023

Sam Bankman-Fried testifies in crypto fraud trial

FTX founder Sam Bankman-Fried has testified in his criminal fraud trial.


The 31-year-old former billionaire is on trial in New York, accused of stealing billions of dollars of customers' money.


He has pleaded not guilty to seven counts, including wire fraud, securities fraud and money laundering.


Closing statements are scheduled for Wednesday, before the jury begins its deliberations.


Sally Patterson has more.


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