Former FTX CEO Sam Bankman-Fried will take the stand at his trial.
This means either that his lawyers realize that he has on chance of acquittal otherwise, or SBF decided that he's so clever that he needs to be on the stand.
If SBF were clever, he'd still be out on bail, and not in jail, having his basil revoked for his explicitly violating its terms:
Sam Bankman-Fried intends to take the witness stand in his criminal case over the multibillion-dollar collapse of crypto exchange FTX, a high-stakes bid by the former tycoon to appeal to the New York jury that could soon condemn him to life in prison.
A lawyer for the 31-year-old, who has sat silently for three weeks as several of his former colleagues testified against him, confirmed in a court conference on Wednesday that his client would answer questions under oath, potentially as early as Thursday.
“Our client is also going to be testifying,” Mark Cohen said, adding that the defence could rest as soon as the end of this week.
He's going to try and play it cute, like he did with his bail conditions, and the jury will convict in short order.
One hopes that he gets the book thrown at him during sentencing.
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