FTX co-founder testifies against Sam Bankman-Fried, saying they committed crimes and lied to public

FILE – FTX founder Sam Bankman-Fried leaves Federal court, July 26, 2023, in New York. Jury selection begins Tuesday, Oct. 3 in a case in which the 31-year-old crypto mogul faces the possibility of a long prison term if convicted. Prosecutors say he cheated thousands of people who deposited cryptocurrency on the FTX exchange by illegally diverting massive sums of their money for his personal use, including making risky trades at his cryptocurrency hedge fund. (AP Photo/Mary Altaffer, File) NEW YORK - Prosecutors went to the heart of their case against FTX founder Sam Bankman-Fried on Thursday as the company’s…