Posted 10/25/2023, 3:56:31 PM
FTX Founder Sam Bankman-Fried to Testify in Fraud Trial, Could Take Stand as Early as Thursday
- FTX founder Sam Bankman-Fried will testify in his criminal fraud trial, his lawyer said Wednesday
- Bankman-Fried could take the stand as soon as Thursday to bolster his defense against fraud charges
- Prosecutors allege Bankman-Fried stole billions from FTX to finance purchases, investments, and donations
- Trial marks a stunning fall for Bankman-Fried, once seen as a crypto heavyweight in D.C.
- FTX collapse sent shockwaves in Washington, where lawmakers engaged with Bankman-Fried
