Bankman-Fried rebuked by judge for rambling during testimony
Banking And Finance,Cryptocurrency,FTX,Sam Bankman-Fried,Fraud,Courts
FTX crypto founder Sam Bankman-Fried was rebuked by the judge multiple times while testifying in his fraud and money laundering trial on Friday.
United States District Judge Lewis Kaplan interrupted Bankman-Fried several times during his testimony for giving long, rambling answers in response to defense attorney Mark Cohen's questions. At one point, Kaplan rejected Bankman-Fried's definition of market manipulation, telling the jury, “You will take what I say manipulation means," according to the Washington Post.
During his testimony, Bankman-Fried followed his defense's argument that he was acting in good faith, despite the mistakes he made as the former CEO of the cryptocurrency exchange FTX. Prosecutors have attempted to paint the young CEO as a manipulator.
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