Within moments of Bankman-Fried returning to testimony, defense appears to lay blame on ex-girlfriend for FTX woes
Full story: Sam Bankman-Fried testifies for third day at FTX fraud trial
Blaming Binance?
As questioning from Bankman-Fried’s lawyer delves into FTX’s collapse, it appears that the defense’s questioning is trying to shift suspicion to Binance’s treatment of the exchange. Binance, the world’s largest crypto exchange, unloaded more than $500m in FTT—FTX’s house cryptocurrency—days after CoinDesk broke the news that Alameda Research’s holding in the token put it at risk.
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