Bankman-Fried says his biggest mistake was not implementing a dedicated risk management team for crypto trading platform FTX
Sam Bankman-Fried admitted to making management mistakes while at the helm of FTX, his former multibillion-dollar cryptocurrency empire, during Friday testimony in his defense at trial.
His testimony comes a day later than anticipated, after the judge overseeing the trial unexpectedly sent jurors home on Thursday afternoon in order to determine which parts of Bankman-Fried’s testimony he would allow.
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Bankman-Fried says his biggest mistake was not implementing a dedicated risk management team for crypto trading platform FTX
Sam Bankman-Fried admitted to making management mistakes while at the helm of FTX, his former multibillion-dollar cryptocurrency empire, during Friday testimony in his defense at trial.
His testimony comes a day later than anticipated, after the judge overseeing the trial unexpectedly sent jurors home on Thursday afternoon in order to determine which parts of Bankman-Fried’s testimony he would allow. Continue reading…Technology | The Guardian