Sam Bankman-Fried Implied His Friends Lied About His Role in FTX’s Collapse

The first half of Friday’s testimony was basically “A History of FTX, presented by Samuel Bankman-Fried.” For those following the case over the past year, nothing new. For those of us who have been tracking FTX since its founding, maybe a bit of useful detail but basically really nothing new. But we’re not the intended audience – the jury is. One audience member in the overflow room, who said she did not have much familiarity with FTX or Bankman-Fried, said she found it useful. And I overheard a few people at the end of the day Friday say they found Bankman-Fried’s version of events plausible.