The trial of former CEO of FTX Sam Bankman-Fried (SBF) has entered a crucial phase, with his defense counsel concluding their arguments on Tuesday. Over the past four weeks, Bankman-Fried has been facing trial sessions in a lower Manhattan courtroom, being charged with fraud and his alleged involvement in the collapse of the FTX exchange and its investment arm, Alameda Research, in November 2022.

CEO of FTX Sam Bankman-Fried Trial Nearing Conclusion

While the trial has been ongoing, Bankman-Fried’s testimony came to an end on Tuesday morning after spending three whole days on the witness stand. Onlookers gathered in the courtroom, making it a relatively quieter day compared to…

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