Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

NEW YORK (AP) — FTX founder Sam Bankman-Fried plans to testify at his fraud trial, his lawyer told a federal judge on Wednesday, a day before the defense is ...

plans to testify at his fraud trial, his lawyer told a federal judge on Wednesday, a day before the defense is set to counter testimony from former executives who say the cryptocurrency executive stole billions of dollars from his customers and investors over several years.

The judge told him that he didn't have to say yet whether Bankman-Fried would testify, but Cohen volunteered that he would. Prosecutors have called some of his former top executives to testify against him. They've told the jury that he was involved in every facet of his businesses and was fully aware that billions of dollars he was spending on real estate, investments and contributions were unwittingly funded by customers and investors.

Sidney Powell pushes claims that 2020 election was rigged and prosecutors 'extorted' her after she pleaded guilty to election interference Fulton County Sheriff’s Office/Handout via ReutersEx-Trump attorney Jenna Ellis became the latest defendant to flip on the former president on Tuesday, making a deal with prosecutors in the Fulton County case—and it could spell doom for co-defendant Rudy Giuliani.Ellis pleaded guilty to one count of making false statements about election fraud in the 2020 presidential election.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 47. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sam Bankman-Fried might risk testifying in criminal trial, experts saySam Bankman-Fried has little to lose by bucking conventional wisdom and taking the stand at his criminal fraud trial, following weeks of testimony that he...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

FTX founder Sam Bankman-Fried might risk testifying in criminal trial, experts sayTestifying would expose Bankman-Fried to probing cross-examination by prosecutors who would come armed with documents, messages and testimony from co-operating witnesses
Source: globeandmail - 🏆 5. / 92 Read more »

Sam Bankman-Fried will testify at criminal trial, lawyer saysExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Sam Bankman-Fried will testify at criminal trial, lawyer saysFTX cryptocurrency exchange founder Sam Bankman-Fried plans to testify in his own defense at his criminal fraud trial, defense lawyer Mark Cohen said during ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Sam Bankman-Fried to testify in his own defense in FTX trialThe decision by Sam Bankman-Fried to testify in his criminal trial is a gamble that carries significant risks for the FTX founder.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

SBF trial: The pros & cons of Bankman-Fried testifyingSam Bankman-Fried's fraud trial is set to resume on Thursday in Manhattan. The founder of crypto exchange FTX now has a big question to answer: Will he...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »