Sam Bankman-Fried (SBF), the founder of the former cryptocurrency exchange FTX, recently defended his actions during a court testimony. He argued that spending $8 billion of FTX clients’ fiat deposits was part of “risk management.” Moreover, he highlighted the challenges he faced balancing his roles. As CEO of Alameda Research, he was more focused on The post SBF Trial: Sam Bankman-Fried Defends $8 Billion spending as ‘Risk Management’ appeared first on CoinGape .
