Sam Bankman-Fried will testify in his fraud trial
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Sam Bankman-Fried will testify at his criminal fraud trial on Thursday as he faces charges of fraud, conspiracy, and money laundering related to his failed cryptocurrency exchange FTX.
During a conference call on Wednesday, attorney Mark Cohen confirmed Bankman-Fried will take the stand. The move isn’t much of a surprise, considering the time Bankman-Fried spent speaking on his own behalf between the collapse of FTX last year and his eventual arrest last December.
“We’re going to put on three witnesses — then our client,” Cohen said during the call, according to the Inner City Press.
Bankman-Fried, the founder and former CEO of FTX, is accused of stealing billions in customer funds and has pleaded not guilty to all charges. So far,…
