It was one of several private messages that Bankman-Fried sent to a reporter for the news website Vox on Twitter, the social media platform now called X, that the defense sought to keep away from the jury during the trial in Manhattan federal court.
In the trial, which began on Oct. 3, Bankman-Fried stands accused of looting billions of dollars in FTX customer funds to make investments, donate to U.S. political campaigns and prop up his hedge fund, Alameda Research.
In one of the messages, Bankman-Fried told the reporter, "fuck regulators" and quickly added in another message, "they make everything worse."
Bankman-Fried wrote that his prior statements in favor of regulating cryptocurrency were "just PR," meaning public relations.
Reporting by Luc Cohen in New York; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.
Persons:
Sam Bankman, Andrew Kelly, Fried, Vox, Danielle Sassoon, Christian Everdell, Luc Cohen, Will Dunham
Organizations:
FTX, Manhattan, REUTERS, Twitter, Alameda Research, Prosecutors, Thomson
Locations:
New York City, U.S, Manhattan, New York