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Former crypto boss Sam Bankman-Fried acknowledged a lot of people got hurt when the FTX exchange he founded collapsed, in his testimony to the jury at his fraud trial.
The former entrepreneur said he had made many mistakes when running the cryptocurrency exchange.
The 31-year-old is accused of lying to investors and lenders and stealing money from customers.
He has denied those charges, instead arguing that he acted in good faith.
Mr Bankman-Fried started testifying yesterday in an unusual hearing after the jury had been sent home.
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