Sam Bankman-Fried plans to testify in his protection at his federal fraud trial, his legal professional Mark Cohen stated in a convention name Wednesday. “Quite a bit has modified on our finish,” Cohen advised Decide Lewis A. Kaplan in a scheduling teleconference for Wednesday morning, “and our shopper shall be testifying as nicely.”
This step creates an thrilling coda on the finish of the trial witnesses, after one fascinating testimony after one other. Though he has provided interviews and Twitter posts (now companies. He’s accused of multi-billion greenback fraud: taking cash from FTX prospects and sending it to Alameda, and mendacity to traders, prospects and lenders.
And within the weeks of the trial up to now, these in attendance have heard from his ex-girlfriend, his ex-roommate, his little brother’s shut good friend and others concerning the inside workings of FTX, Alameda and Bankman-Fried’s method to enterprise.
Though suspects all the time have the fitting to testify in their very own protection, this is usually a dangerous transfer. Sure, jurors can hear Bankman-Fried’s justifications for his actions — and see the defendant’s private aspect — however it additionally exposes Bankman-Fried to cross-examination by the prosecutor, who has been sharp and aggressive to this point.
Cohen stated he expects Bankman-Fried’s direct testimony to be “someplace about so long as the testimony of Gary, Caroline and Nishad,” referring to witnesses and Bankman-Fried’s former associates (and ex-friends) Gary Wang, Caroline Ellison and Nishad Singh. These witnesses lasted two to a few days every; Cohen stated he expects Bankman-Fried’s testimony to final most of Thursday (after a couple of temporary prosecution and protection witnesses within the morning) and certain into Friday. Prosecutor Nicolas Roos stated he was uncertain how lengthy the cross-examination would final: it’ll depend upon “what he says,” Roos stated of Bankman-Fried.
The trial will proceed tomorrow morning after a brief break.