

SBF Trial – Week 4 concludes with SBF telling jury he was blindsided by $8B shortfall x.com/Technewstoday2… SBF took the stand again, this time in front of the jury #SBFTestifies He said he was blindsided by $8B shortfall that led to FTX collapse #Blindsided Described FTX's principles, ambitions to be leading global exchange #FTXMission Said FTX had procedures to protect user funds and ensure compliance #Compliance Gradually discovered $8B deficit, tried to address it responsibly #ShortfallDiscovery Emphasized concern for users and industry reputation amid crisis #UsersFirst Will continue testimony Oct 30, defense has 2 more witnesses lined up #MoreToCome Prosecution plans lengthy cross-examination to find inconsistencies #GrillingAhead #SBF #FTXtrial #CryptoCollapse #ExchangeFraud















