Sam Bankman-Fried grilled on 'cozy' relationship with Bahamas officials
© Reuters. FTX founder Sam Bankman-Fried is questioned by prosecutor Danielle Sassoon during his fraud trial over the collapse of the bankrupt cryptocurrency exchange at federal court in New York City, U.S., October 31, 2023 in this courtroom sketch. REUTNEW YORK - FTX founder Sam Bankman-Fried was grilled on Tuesday about what a U.S.
Earlier in the trial, former FTX executive Gary Wang, who pleaded guilty to fraud and agreed to cooperate with prosecutors, testified that Bankman-Fried sought to transfer funds to the Bahamas after FTX's Nov. 11, 2022, U.S. bankruptcy because he thought authorities might let him stay in charge. Sassoon then showed Bankman-Fried a text message in which he told co-workers the couple sat courtside at a game.
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