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Sam Bankman-Fried just failed the most important exam of his life

In cross-examination, FTX founder Sam Bankman-Fried came off as evasive — to the point that Judge Kaplan called him out.

Sam Bankman-Fried’s kamikaze defense

Bankman-Fried’s trial is now more about how many people he can take with him, and whether he can sink a boat or two before exploding himself.

Bankman-Fried crumbled under cross-examination, stumbling, mumbling, avoiding questions, and saying he “did not recall” key details.

It appears that, for fallen FTX wonder boy Sam Bankman-Fried, stealing funds from customers was purely rational.

Sam Bankman-Fried’s trading desk empire extended all the way to Thailand through Genesis Block Thailand, a branch of the Hong Kong desk.