Sam Bankman-Fried took the stand for the first time Thursday afternoon in Manhattan, but he didn’t have to answer to the jury just yet.
The dress rehearsal gave the public a glimpse into the defense’s case, which appears to rely on one document they cannot actually produce: an alleged “document retention policy” attorneys apparently drafted for Alameda and FTX.
Senior Judge Lewis Kaplan ordered a hearing Thursday afternoon, opting to dismiss the jury early to privately hear direct testimony from Bankman-Fried, plus a cross examination from the prosecution.
The purpose was for Kaplan to decide what he will allow the parties to repeat in front of the jury Friday.
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