SBF to Testify in Fraud Trial After Onslaught From Inner Circle
- Former crypto mogul fighting portrayal as criminal mastermind
- Testimony will be rearranging Titanic deck chairs, lawyer says
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Sam Bankman-Fried will take the stand to defend his actions in the lead-up to the collapse of his digital-asset empire, after taking a beating from former colleagues who described him as the mastermind of a years-long scheme to defraud FTX customers and investors.
Bankman-Fried’s lawyers said on a conference call with the judge Wednesday that their client will testify at his fraud trial after the prosecution finishes its case. The 31-year-old could take the stand, barring a last-minute change, as soon as Thursday afternoon.