Bankman-Fried Takes the Stand in Fraud Trial After Denied Dismissal Bid

Sam Bankman-Fried has begun testifying in his criminal fraud trial after prosecutors called their final witness.

Bankman-Fried decided to testify despite the risks of exposing himself to prosecution questioning.

Prosecution alleges Bankman-Fried misused over $8 billion of FTX customer and investor funds.

Former colleagues testified Bankman-Fried directed actions that let Alameda Research misuse funds.

Bankman-Fried tried dismissing the case but the judge denied the request.