'Crypto King' admits people got hurt as he speaks out in trial
Sam Bankman-Fried, 鈥楥rypto King鈥� told the Manhattan federal court he made "a number of small mistakes and a number of larger mistakes" while running the now-bankrupt exchange.
Former crypto boss Sam Bankman-Fried acknowledged "a lot of people got hurt" when the FTX exchange he founded collapsed, in his testimony to the jury at his fraud trial. The former entrepreneur said he had made many mistakes when running the cryptocurrency exchange.
A lawsuit against fashion brand Aber-crombie & Fitch - accusing the firm of funding a sex-trafficking operation - has been filed in New York.
And Taylor Swift, with a record-breaking tour, a blockbuster film, and a keen business sense, the 33-year-old musician is now worth $1.1 billion.
(FTX founder Sam Bankman-Fried (C) departs Manhattan Federal Court after an arraignment hearing on March 30, 2023 in New York City. Photo Credit: by Drew Angerer/Getty Images.
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