
With the prospect of a decades-long prison sentence hanging over his head, former FTX CEO Sam Bankman-Fried has a critical decision to make: Should he testify in his own defense at his fraud trial that is currently underway in a Manhattan courtroom?
Former prosecutors who spoke to Fortune said that testifying could help Bankman-Fried explain his intentions to the jury. But he also would be subject to cross-examination by prosecutors, which could, ultimately, prove more harmful.