Sam Bankman-Fried’s Media Tour Has Come Back to Bite Him

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Sam Bankman-Fried’s Media Tour Has Come Back to Bite Him
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What he’s saying now, he said the opposite then. Prosecutors noticed.

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This is how Danielle Sassoon, an assistant U.S. attorney for the Southern District of New York, laid a devious trap for Sam Bankman-Fried while cross-examining him on Monday: Sassoon wanted to know about Bankman-Fried’s involvement with Alameda Research, the hedge fund he owned that was central in the collapse of his massive crypto exchange, FTX.

Then Sassoon asked Bankman-Fried a question that nobody ever wants to be asked in a legal setting of any kind: Had he ever participated in an interview on “something called Twitter Spaces”? Yes, a couple of them, Bankman-Fried said. And in a Twitter Space in December, Sassoon asked him, did he orAdvertisement

Which was fine with Sassoon, who simply played an audio recording of Bankman-Fried saying on Twitter Spaces that he had not been involved in Alameda’s trading decisions because that would’ve created a conflict of interest with his management of FTX. Bankman-Fried acknowledged that the voice on the tape was his .

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