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Former FTX CEO, Sam Bankman-Fried, Set to Give Crucial Testimony on Thursday in Major Legal Battle

Former FTX CEO, Sam Bankman-Fried, Set to Give Crucial Testimony on Thursday in Major Legal Battle

Facing Accusations: Sam Bankman-Fried Set to Defend Himself in Court

Sam Bankman-Fried, the former chief of FTX, is preparing to present his case directly to the jury after several witnesses have testified against him. His defense lawyer, Mark Cohen, announced that Bankman-Fried will take the witness stand in a press statement on Wednesday. This decision has been widely reported, with Matthew Russell Lee of Inner City Press confirming that he will stream Bankman-Fried’s testimony on social media platform X.

Bankman-Fried has already heard testimonies from former colleagues and industry professionals who have spoken against him. Despite these challenges, he maintains his innocence and has pleaded not guilty to all charges. His testimony is scheduled for Thursday, October 26, 2023, and it is expected to be a comprehensive examination taking up the entire day.

In addition to Bankman-Fried’s testimony, Joseph Pimbley of PF2 Securities will also testify on his behalf. This latest development follows strategic moves by both the U.S. government and Bankman-Fried’s defense team as they prepare for the trial’s outcome.

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Former FTX CEO, Sam Bankman-Fried, Set to Give Crucial Testimony on Thursday in Major Legal Battle