{"id":1198374,"date":"2023-10-31T12:14:48","date_gmt":"2023-10-31T16:14:48","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1198374"},"modified":"2023-10-31T12:14:48","modified_gmt":"2023-10-31T16:14:48","slug":"facing-110-years-in-prison-sam-bankman-fried-cant-recall-what-he-did-at-ftx","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1198374","title":{"rendered":"Facing 110 years in prison, Sam Bankman-Fried \u201ccan\u2019t recall\u201d what he did at FTX"},"content":{"rendered":"
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\n \"Sam<\/p>\n

Enlarge<\/a> \/<\/span> Sam Bankman-Fried leaves federal court in New York on Thursday, February 16, 2023. (credit: Getty Images | Bloomberg)<\/p>\n<\/figure>\n

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Facing cross-examination at his criminal fraud trial yesterday, Sam Bankman-Fried repeatedly testified that he doesn’t remember details about what he did and said while running cryptocurrency exchange FTX. Bankman-Fried responded “I’m not sure” or “I can’t recall” to many questions from US prosecutor Danielle Sassoon, according to news reports from the trial.<\/p>\n

Sassoon “grilled Mr. Bankman-Fried about the inconsistencies between his public statements and how he ran his crypto empire before it collapsed spectacularly in November,” a New York Times article<\/a> said. Bankman-Fried “insisted that he couldn’t remember much of what he had said publicly” and “added that he wasn’t significantly involved in the hedge fund he founded, Alameda Research.”<\/p>\n

The New York Post wrote<\/a> that Bankman-Fried answered with some variation of “I can’t recall” over 100 times on Monday. But Sassoon “presented jurors with a mountain of tweets, emails, and podcast clips revealing that the MIT grad did in fact say dozens of things he claimed not to have recalled,” the article said.<\/p>\n<\/div>\n

Read 16 remaining paragraphs<\/a> | Comments<\/a><\/p>\n


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\nSource: Ars Technica – Facing 110 years in prison, Sam Bankman-Fried \u201ccan\u2019t recall\u201d what he did at FTX<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Enlarge \/ Sam Bankman-Fried leaves federal court in New York on Thursday, February 16, 2023. (credit: Getty Images | Bloomberg) Facing cross-examination at his criminal fraud trial yesterday, Sam Bankman-Fried repeatedly testified that he doesn’t remember details about what he … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1198375,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1198374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1198374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1198374"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1198374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1198375"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1198374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1198374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1198374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}