David Yaffe-Bellany Matthew Goldstein and J. Edward Moreno

The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.

Asked during his cross-examination about his public statements and how he ran his crypto empire, the FTX founder repeatedly said he couldn’t remember.

Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s...

In her second day testifying at the FTX founder’s trial, Ms. Ellison said she misled lenders at Mr. Bankman-Fried’s request.

Ms. Ellison, who also dated Mr. Bankman-Fried, is the government’s star witness in the criminal fraud trial of the founder of the FTX crypto exchange.

Prosecutors said the FTX founder had lied to customers. Defense lawyers said he had just been trying to prevent his cryptocurrency exchange from melting down.