Bankman-Fried has pleaded not guilty to charges he looted billions of dollars in FTX customer funds to plug losses at his Alameda Research hedge fund, make speculative venture investments, and donate more than $100 million to U.S. political candidates and campaigns.
Prosecutors are expected to rest their case on Thursday after a weeklong break. The defense is then expected to begin presenting its case.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: