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

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Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says
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A lawyer for Sam Bankman-Fried says the FTX founder plans to testify at his fraud trial. Attorney Mark Cohen said during a conference call between lawyers and the Manhattan federal court judge on Wednesday that Bankman-Fried will take the stand after three other defense witnesses testify beginning Thursday.

FILE - FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, Oct. 6, 2023, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history.

Cohen made the comment during a phone and video conference in Manhattan federal court after the judge told him: “It’s time to tell me what defense case, if any, you’re going to put on.”

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