Disgraced FTX founder Sam Bankman-Fried will testify in his own defense, his lawyers confirmed at a court hearing in Manhattan on Wednesday.
As Bankman-Fried's criminal trial enters its fourth week, the burning question has been whether the former CEO of the now-bankrupt exchange would take the stand. Although defendants typically do not testify in their own defense, for risk of self-incrimination, the unusual circumstances of Bankman-Fried's case led many onlookers to suspect he would buck that trend.
