Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial

Ex-FTX main Sam Bankman-Fried is slated to marque his lawsuit straight to the assemblage successful his ongoing trial, arsenic shared by his defence lawyer, Mark Cohen. Bankman-Fried’s determination to attest comes connected the heels of respective witnesses who person spoken against him successful caller weeks.

Facing Accusations: Sam Bankman-Fried Prepares to Plead His Case Directly to Jury

Having already shared his broadside of the communicative with outlets similar The New York Times and Good Morning America, Sam Bankman-Fried (SBF) is gearing up to asseverate his innocence to a sheet comprising 12 jurors and six alternate jurors.

Defense counsel Mark Cohen announced that SBF volition instrumentality the witnesser stand, successful a property connection conducted via teleconference connected Wednesday. This improvement has been wide reported, with Matthew Russell Lee of Inner City Press providing insights. Russell Lee has confirmed that helium volition beryllium broadcasting a unrecorded watercourse of SBF’s grounds done societal media level X.

SBF has sat done testimonies from past colleagues, including Caroline Ellison, Gary Wang, and Nishad Singh. He has besides heard from FTX’s erstwhile wide counsel and the CEO of Blockfi, each of whom person testified against him.

Despite these challenges, the ex-FTX CEO maintains his innocence, pleading not blameworthy to each charges, adjacent arsenic helium stares down a imaginable condemnation of implicit 100 years successful prison. His grounds is scheduled for Thursday, October 26, 2023, and Cohen has hinted that it volition beryllium a broad introspection apt to instrumentality each day.

SBF won’t beryllium the lone 1 speaking successful his defense; Joseph Pimbley of PF2 Securities is besides acceptable to attest connected his behalf. The latest improvement follows strategical moves by some the U.S. authorities and SBF’s defence squad arsenic they submitted their juror preferences and requests successful anticipation of the trial’s outcome.

What bash you deliberation astir SBF testifying astatine his proceedings this week? Share your thoughts and opinions astir this taxable successful the comments conception below.