NEW YORK, Oct 26 — Sam Bankman-Fried could take the stand at his fraud trial as soon as today, when prosecutors are set to finish presenting their case accusing the founder of...
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Defence lawyer Mark Cohen said in a court hearing yesterday that Bankman-Fried would testify in his own defence, a risky move that will give prosecutors the chance to cross-examine the 31-year-old former billionaire about testimony from former close colleagues that he directed them to commit crimes. He has already taken an unusual approach for a criminal defendant. Instead of laying low after he was charged, he published blog posts on his view of what went wrong and met with several journalists.Bankman-Fried has pleaded not guilty and maintained that while he made mistakes running FTX, he never intended to steal funds.
Prosecutors expect to call just one more witness, FBI agent Mark Troiano, when the trial resumes at 9.30am EDT in federal court in Manhattan after a week-long break. Cohen said the defence plans to call three brief witnesses before Bankman-Fried takes the stand.
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