Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Wednesday, July 26, 2023. Bankman-Fried faces a total of 13 counts ranging from conspiracy to commit wire fraud to conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act, and faces more than 155 years in prison if convicted of all of them – although any sentence is likely to be much lower if he is found guilty. Photographer: Victor J. Blue/Bloomberg 'High-Risk, High-Reward': What to Expect as Sam Bankman-Fried Takes Witness Stand in FTX Fraud Trial
U.S. District Judge Lewis Kaplan of the Southern District of New York already demonstrated a willingness to question witnesses himself in the course of the first three weeks of the trial.
October 25, 2023 at 06:07 PM
5 minute read
Cryptocurrency
While FTX founder Sam Bankman-Fried's decision to testify at his fraud trial could benefit him, white-collar attorneys on Wednesday also outlined the challenges he will face in addressing his prior public statements and other issues on cross-examination.
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