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Sam Bankman-Fried testifies in his crypto fraud trial without jury present

Sam Bankman-Fried testifies in his crypto fraud trial without jury present

The CEO of the failed cryptocurrency exchange FTX is charged with seven counts of wire fraud and conspiracy to launder moneySam Bankman-Fried did not make a scheduled appearance before the jury in his crypto fraud trial on Thursday, in a surprise decision that tamped the anticipation swirling around the high-profile case.The former FTX executive instead testified without the jury present, so that the judge overseeing the case, Lewis Kaplan, could first decide what portions of his testimony are admissible.

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