Sam Bankman-Fried informed the judge that he depended on guidance from FTX’s legal team.
Hey there, fellow crypto enthusiasts! Durgesh here, bringing you the lowdown on a courtroom showdown that's hotter than a freshly mined Bitcoin. Picture this: Sam Bankman-Fried, the crypto wiz behind FTX, is defending his actions during the 2022 FTX collapse, and it's got more twists than a rollercoaster. He's claiming he thought it was all good to borrow from FTX users based on the terms and conditions. Yup, legal fine print!
But that's not all - Bankman-Fried was also the king of "auto-delete" in his messages.
Serious stuff stayed, but casual chats vanished. Drama, right? So, the verdict? Well, this courtroom saga is still playing out, but in the crypto world, drama's just another coin in the digital wallet! Stay tuned for the next episode of "Crypto Court Chronicles." Until then, keep your crypto safe and your terms and conditions closer. Durgesh, signing off! 🚀
