SBF Sam Bankman-Fried planned to start testimony with “I f—ed up”

“I would like to start by formally stating, under oath: I f—ed up.”

That was how Sam Bankman-Fried, co-founder and chief executive of now-bankrupt crypto platform FTX Trading Ltd., was planning to open testimony he had agreed to give to a House Financial Services Committee hearing on Tuesday, before his arrest on fraud charges late Monday.

Full indictment text:

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Sam Bankman-Fried’s Written Testimony Is Called ‘Absolutely Insulting’ at House Hearing




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