- Sam Bankman-Fried lied during trial, judge says at FTX founder's sentencing
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo Sam Bankman-Fried lied on the witness stand at his fraud trial last year when he said he did not know that his hedge fund had spent customer deposits taken from the FTX cryptocurrency exchange he founded, a judge said at the former billionaire cryptocurrency wunderkind's sentencing hearing on Thursday.
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