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Bankman-Fried Hits Back at Critics, Former Colleagues in Bitter Cross-Examination

The mogul goes to great lengths to portray FTX as a firm that made good-faith efforts to stay on top of what its employees and its customers were up to.
Bankman-Fried Hits Back at Critics, Former Colleagues in Bitter Cross-Examination
FTX founder Sam Bankman-Fried arrives at Manhattan federal court in New York on Aug. 11, 2023. Bebeto Matthews/AP Photo
Michael Washburn
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NEW YORK–Sam Bankman-Fried’s testimony in a Manhattan courtroom on Monday took a markedly different turn from his statements last week, which dwelt largely on insubstantial topics and avoided the deadly serious criminal charges for which the FTX founder is on trial.

Mr. Bankman-Fried looked nervous and shifty-eyed during questioning, and his trimmed hair and somber suit contrasted dramatically with the raffish appearance he came to be known for as CEO of the failed exchange. He described many failures on the part of members of his inner circle.

Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
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