Alleged crypto conman Sam Bankman-Fried denies fraud on stand but admits ‘significant oversights’

In a last-minute gamble, alleged crypto conman Sam Bankman-Fried testified at his multi-billion dollar fraud trial on Friday, telling a Manhattan federal court jury he didn’t defraud his customers — many lost their life savings because of “significant oversights.” The embattled entrepreneur faces steep prison time if convicted of charges alleging he siphoned billions from FTX customers. The feds say the now-bankrupt cryptocurrency exchange and its sister hedge fund, Alameda Research, presented as separate entities, but the money was in one pot — exposing unwitting customers to massive risk. “D...