![Prosecutors skillfully use Sam Bankman-Fried’s words in their case – 13 words. Prosecutors skillfully use Sam Bankman-Fried’s words in their case – 13 words.](https://xteriorcleaningnews.com/wp-content/uploads/https://static01.nyt.com/images/2023/10/31/multimedia/30subJPsbf-cross-print-pvmw/30sbf-cross-pvmw-facebookJumbo.jpg)
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, faced tough questioning from a federal prosecutor as he testified in his fraud trial. Over four hours of cross-examination, Bankman-Fried was grilled about inconsistencies between his public statements and the operation of his collapsed crypto empire. The prosecutor displayed statements that seemed to show Bankman-Fried saying one thing publicly while acting differently in private. The intense questioning exposed holes in Bankman-Fried’s claims and potentially damaged his credibility with the jury. Bankman-Fried, who has pleaded not guilty, could face life in prison if convicted of the seven counts of fraud, conspiracy, and money laundering.