Sam Bankman-Fried grilled by prosecutor about interviews following FTX's collapse

economictimes.indiatimes.com:

Sam Bankman-Fried was challenged on Monday over interviews following the cryptocurrency exchange's collapse, in which he said he was not involved in his Alameda Research hedge fund's trading.
The questioning by prosecutor Danielle Sassoon, on the second day of Bankman-Fried's testimony in his own defense at his fraud trial, was part of an effort to undercut the 31-year-old former billionaire's credibility after he told jurors last week he did not steal customers' money.

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Bankman-Fried has said he had stepped back from running Alameda, which he founded in 2017, after launching FTX two years later. He testified on Friday that he was «very surprised» to learn in October 2022 — a month before FTX declared bankruptcy — that Alameda had borrowed $8 billion from the exchange.
Sassoon kicked off her cross-examination by asking about his involvement in Alameda's trading.
«I was not generally making trading decisions, but I was not walled off from Alameda,» Bankman-Fried testified.
Sassoon then played him a clip from a podcast from December 2022 in which he said he had not been involved in trading at Alameda «for years» and showed a Financial Times article from the same month in which he was reported as saying he had walled himself off from Alameda's trading.
Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy. Prosecutors have said he looted billions of dollars in FTX customer funds to prop up Alameda, make speculative