Sam Bankman-Fried on the witness stand faces grilling by the feds in Manhattan fraud trial
October 30, 2023
NEW YORK — Sam Bankman-Fried — the one-time millennial magnate accused of siphoning billions from customers of his bankrupt cryptocurrency exchange — ducked dozens of questions during a grilling by the feds while he was on the witness stand Monday. Facing more than a century in prison if convicted, Bankman-Fried decided last week to take the unusual step of testifying in his own defense. Lawyers typically advise against it because of the risks defendants face on cross-examination. The 31-year-old Palo Alto, California, man was the subject of glowing magazine profiles for planning to give away ...