The Breakdown

SBF Gets Absolutely Buried in Cross-Examination

Nov 1, 2023
US prosecutor successfully portrays Sam Bankman-Fried as a liar in the court case. The cross-examination highlights multiple contradictions in his statements. Topics discussed include hedging, net asset value concerns, access to FTX database, Alameda's resources, personal debts, ownership of FTX and Alameda, involvement in trading, support for regulation, and contradictions in Sam's testimonies. The cross-examination reveals FTX's solutions to issues, instances of allowing customers to use outside collateral, and a lack of credible defense.
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