“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.
s.wsj.net/public/resources/documents/SBFwrittentestimonynotes12122022.pdf
Full indictment text:
www.documentcloud.org/documents/23450583-sam-bankman-fried-indictment
Sam Bankman-Fried’s Written Testimony Is Called ‘Absolutely Insulting’ at House Hearing
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