Sam Bankman-Fried knows he made a number of mistakes, both small and large, over his time leading crypto trading firm Alameda Research and, later, his cryptocurrency exchange FTX. In fact, Bankman-Fried planned to begin his testimony to Congress following the FTX collapse with a simple declaration, made under oath: "I fucked up." 

One of the biggest mistakes he made, Bankman-Fried testified yesterday in his trial on seven counts of fraud and conspiracy, was not having a dedicated risk team in place at FTX. "We sure should have, but no, we did not," Bankman-Fried testified. He also acknowledged other oversights, like not tracking an account which took a position in MobileCoin that "presented systematic risk to the [FTX] system and all of its platforms." 

Yet, when asked by Mark …