A lawyer for Sam Bankman-Fried says the FTX founder plans to testify at his fraud trial.
FTX founder Sam Bankman-Fried plans to testify at his fraud trial, his lawyer told a federal judge Wednesday, ending speculation over whether a man who embraced the spotlight during his years atop the cryptocurrency world could remain silent after prosecutors portrayed him as a greedy entrepreneur who stole billions of dollars from customers.Attorney Mark Cohen told Judge Lewis A.
Over the last month, prosecutors have leaned heavily on testimony from Bankman-Fried's inner circle, former top executives who lived in a luxury penthouse condominium in the Bahamas with their boss before a customer rush on deposits last November exposed the missing billions of dollars and caused the businesses to collapse.
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