CoinDesk reported:
Bankman-Fried has so far tried to present an alternative explanation of how one of the world’s better-known trading platforms collapsed, suggesting it grew too quickly and without sufficient oversight or risk planning. However, prosecutors – led by Sassoon – have sought to puncture that narrative, grilling Bankman-Fried about his involvement in FTX and its sibling (Alameda), his public statements and whether he was permitted to use FTX customer funds, a key issue at the heart of the criminal case.