Fielding questions from his own attorney, the FTX founder was focused and confident. The cross-examination drew out a different SBF, appearing to take aim at his duplicitous side.
Share on email , fielding friendly questions from his own attorney, he was focused and confident. The cross-examination Monday drew out a different SBF, appearing to take aim at his duplicitous side.When he said he didn't remember or distanced himself from certain documents or communications, Sassoon produced government exhibits proving otherwise. And she made him read those documents aloud.
SBF, a man so used to controlling his own narrative, seemed to quickly grow frustrated that he was being checked.Sassoon had him read a public tweet from last year from a thread that began "Today, we are older, and wiser," in which SBF wrote: "But the truth is, there's always been regulation in crypto."
Immediately after, she produced a direct message from him to a Vox reporter — that he never intended to become public — in which he said: "Yeah. Just PR. F*** regulators.": There were a couple of moments from SBF's testimony that reminded me of former President Clinton's famous meaning of "is."When SBF was asked how involved he was in his hedge fund Alameda Research's trading decisions, he said: "Depends on how you define trading.
SBF: "I'm not — I don't think that's what happened, and I'm also not saying that's not margin trading." After the judge prodded him to answer, he said: "It's my testimony that it depends on the details, but that very well could be a margin trade."in early 2022. It included a statement that, "adequate liquid resources to ensure the platform can return the customer's assets upon request.
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