Skip to Primary Navigation

Skip to main content

‘Mistakes were made, but I was badly advised’ Bankman-Fried says at trial

Sam Bankman-Fried
Photo: Michael M. Santiago/Getty Images

Martin Cloake

2 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Week four of the former FTX CEO’s trial saw the case for the defense take shape.

Sam Bankman-Fried took the stand in the fourth week of the former FTX CEO’s trial on seven counts of fraud and conspiracy. And his testimony produced another cracker of a quote. When asked if crypto exchange FTX and hedge fund Alameda Research ever had a risk department, Bankman-Fried replied: “We

, , , , , ,

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience