Prosecutors press Bankman-Fried on how Alameda Research, sister hedge fund to FTX exchange, spent $8bn of customer funds
The trial of cryptocurrency’s most infamous entrepreneur is near its end, with closing arguments set to begin Wednesday.
Sam Bankman-Fried, the founder of the now bankrupt cryptocurrency exchange FTX, stepped down from the witness stand in Manhattan federal court shortly before noon Tuesday as his cross-examination ended.
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