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911 SBF Shifts Blame to His Inner Circle

The Information
Aidan Ryan @ The Information · 10/31/2023 17:06 EDT

SBF Shifts Blame to His Inner Circle

Former FTX CEO Sam Bankman-Fried wrapped up testimony in his criminal case on Tuesday, capping off four days on the stand by downplaying his role in the misuse of billions in customer funds.

In his testimony, Bankman-Fried emphasized his hands-off management style and at times deflected blame to other former executives at his crypto firms. His lawyers have argued that he acted in good faith and didn’t knowingly misuse FTX customer money for investments, political donations and real estate purchases. Follow

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