Sam Bankman-Fried To Testify?
•
October 24, 2023 4:25 pm
•
Comments
Will Sam Bankman-Fried actually testify as part of his ongoing criminal trial?
This is a question that has been hot on the minds of everyone following or reporting on the case, though it is not apparent that even Bankman-Fried knows the answer to that question.
Several former FTX executives have already testified against the former CEO, including his former girlfriend and boss at Alameda Research Caroline Ellison.
Trending: Trump Pays Bar Tab In NYC With Bitcoin
Inner City Press has been following the trial, live from New York, since the outset. The outlet previously reported:
“SBF Sunday night filing – re-request for trial day Adderall so he can decide whether to testify: “As we approach the decision of whether Mr. Bankrnan-Fried will testify… because of his lack of access to Adderall he has not been able to concentrate.”
SBF Sunday night filing – rerequest for trial day Adderall so he can decide whether to testify: "as we approach the decision of whether Mr. Bankrnan-Fried will testify… because of his lack of access to Adderall he has not been able to concentrate" story coming https://t.co/uUXBcLMej9 pic.twitter.com/sjZKD6XUUh
— Inner City Press (@innercitypress) October 16, 2023
VLOG Oct 23: SBF trial to hiatus to Oct 26, will he testify? https://t.co/KnCZKM18nw
DEA bribery https://t.co/CTj5U5KHje & S African Rand https://t.co/mXk5tcqzcV Gaza gamesmanship, US losing in UN that it funds, UAE shoots back at US draft: https://t.co/1JhUWaUNvW pic.twitter.com/MJlptFtegc— Inner City Press (@innercitypress) October 23, 2023
Cryptopolitan explained:
There is a notable chance that Bankman-Fried may decide to take the risk of testifying, even though it is a massive gamble.
Daniel C. Silva, a former assistant U.S. attorney, suggests that Bankman-Fried might feel that a prison sentence is inevitable, regardless of his testimony.
The potential downside, such as facing additional prison time if caught lying under oath, may be outweighed by the opportunity to sway a juror in his favor.
Attorney Sam Enzer recently told CoinDesk that he thinks Bankman-Fried will likely testify as part of his ongoing criminal trial, though Enzer believes this would be a poor choice.
🗨️ Will SBF testify in court?
Sam Enzer thinks it's likely but advises against it. ⛔
Why? ⚖️ Testifying could negatively impact his sentencing.
🎧 Spotify: https://t.co/on6oK0xul6
🎧 Apple: https://t.co/cnE1SIoGCT
🔗 https://t.co/BeFaQkzIlC pic.twitter.com/CbJA9qSbC2— CoinDesk Podcast Network (@CoinDeskPodcast) October 23, 2023
Senior crypto reporter at Tech Crunch Jacquelyn Melinek provided this update:
“The SBF trial is on recess until Oct 26. Prosecutors said its last 3 potential witnesses are an FBI agent, an investor, and a customer. Then “if there’s a defense case, it’ll be 1 week or less,” SBF’s lawyer said. The defense team didn’t clarify if SBF will testify or not.”
The SBF trial is on recess until Oct 26.
Prosecutors said its last 3 potential witnesses are an FBI agent, an investor and a customer.
Then “if there’s a defense case, it’ll be 1 week or less," SBF's lawyer said.
The defense team didn't clarify if SBF will testify or not.
— Jacquelyn Melinek (@jacqmelinek) October 19, 2023
CoinDesk likewise reported:
Other witnesses may testify if they have a direct role or connection with FTX. The defense has not yet said if Bankman-Fried himself will testify.
Join the conversation!
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.