Bankman-Fried Struggles to Explain Actions in FTX Collapse During Fraud Trial Testimony

Sam Bankman-Fried denied knowing billions in FTX customer funds were misappropriated until shortly before the company's collapse.

Prosecutor Danielle Sassoon grilled Bankman-Fried about not stopping improper use of customer money.

Bankman-Fried struggled to explain past public statements inconsistent with his private actions.

Both prosecution and defense rested their cases after Bankman-Fried's testimony concluded.

Closing statements are set for Wednesday before the case goes to the jury.