Prosecutor takes aim at FTX founder Sam Bankman-Fried's credibility during trial

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Prosecutor takes aim at FTX founder Sam Bankman-Fried's credibility during trial
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A prosecutor questioned the FTX founder's testimony during his fraud trial, confronting him over whether his statements after the company imploded were truthful.

A prosecutor began cross-examining Sam Bankman-Fried at a New York City trial on Monday, attacking his credibility by highlighting public statements he made before and after the FTX cryptocurrency exchange he founded filed for bankruptcy late last year when it could no longer process billions of dollars in withdrawals. Assistant U.S. Atty.

Through her line of questioning, Sassoon tried to show that Bankman-Fried's public statements were false and that he promised customers that their accounts were safe while he looted them, spending lavishly on real estate, celebrity-laden promotions, investments and political contributions.

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