November 24, 2024

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen.

In the letter

Furthermore, the letter notes that the defense plans to have Mr. Bankman-Fried testify about his sincere intentions on November 12, 2022, regarding his compliance with directives from Bahamian authorities. This testimony would revolve around his belief that Bahamian authorities prioritized FTX customers’ well-being and that FTX’s in-house and U.S. bankruptcy counsel had potential conflicts of interest.

The United States government is expected to wrap up its case against SBF on the morning of Oct. 26, with defense attorneys likely finishing the following day. Prosecutors added they were uncertain whether rebuttal witnesses would be necessary depending on Bankman-Fried’s testimony. Closing arguments could be held before Oct. 31.

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