Here’s What Happened In Crypto Today

Sam Bankman-Fried denied defrauding FTX users during his ongoing criminal trial on Oct. 27. Meanwhile, #cryptocurrency hardware wallet provider Trezor is investigating a recent phishing campaign and nonfungible #token (NFT) firm Yuga Labs has been awarded approximately $1.6 million in damages over a long-running lawsuit against #NFT artists Ryder Ripps.

SBF denies defrauding #investors

Sam Bankman-Fried took the stand at his criminal trial on Oct. 27, where he denied defrauding FTX users during the collapse of his crypto exchange last year.

Reports indicate that Bankman-Fried partly blamed former FTX chief technology officer Gary Wang for creating the "allow negative" button for sister company Alameda Research.

During an earlier testimony, Bankman-Fried admitted to knowing "basically nothing" about #crypto when launching Alameda Research.

Bankman-Fried's first of two criminal trials entered its 14th day on Oct. 27. He faces seven counts of conspiracy and fraud in his current proceedings.