The disgraced crypto king, on trial for financial fraud, takes the stand. But his hair tells its own story.
They are set to start their defense on Thursday, with the FTX founder planning to testify in his criminal fraud trial. Hurdles include what Mr. Bankman-Fried’s former associates said on the stand.
The FTX founder’s plan to take the witness stand sets up a dramatic few days of testimony at the federal courthouse in Manhattan.
The presence of crypto YouTubers, podcasters and commentators at the FTX founder’s fraud trial has created something of a culture clash in the courtroom.
Prosecutors in the criminal fraud case have built the most intricate account to date of the cryptocurrency exchange’s frantic final days.
Letitia James has accused Gemini Trust, Genesis Global Capital and Digital Currency Group of misleading investors in a program promising low risk and high returns.
Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.
The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him.
In her second day testifying at the FTX founder’s trial, Ms. Ellison said she had misled lenders and circulated phony financial documents at Mr. Bankman-Fried’s request.
Ms. Ellison is the government’s star witness in the criminal fraud trial of the founder of the FTX crypto exchange. She also delved into her romantic relationship with Mr. Bankman-Fried.
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