Sam Bankman-Fried to retake witness stand, face cross-examination in fraud trial

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FTX founder Sam Bankman-Fried is set to retake the witness stand on Monday in his trial on fraud charges tied to the collapse of the cryptocurrency exchange,...

NEW YORK - FTX founder Sam Bankman-Fried is set to retake the witness stand on Monday in his trial on fraud charges tied to the collapse of the cryptocurrency exchange, with prosecutors poised to challenge his assertion that he did not steal billions of dollars in customer funds.

During six hours of testimony on Friday about events earlier in 2022 and in prior years, Bankman-Fried sought to distance himself from specific actions he said the three cooperating witnesses took without his firsthand involvement. He also admitted to making "mistakes" that hurt FTX's customers and employees, but said he never set out to take customers' money.

Hialeah PoliceA 13-year-old Florida boy is set to be tried as an adult after allegedly killing his mother as she slept next to his newborn baby sister, and then sending photos of the gruesome scene to his friends before calling for help. Derek Rosa faces life in prison if convicted of one count of first-degree murder in connection with the Oct. 12 death of his mother.

 

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