Sam Bankman-Fried Says FTX Actions Had been Guided by Attorneys

FTX founder Sam Bankman-Fried previewed a possible protection Thursday when he advised a federal choose that he relied on the blessing of legal professionals to make enterprise choices resembling deleting communications and making loans to himself, actions that prosecutors stated allowed him to commit the crimes that led to the implosion of his crypto trade.

Bankman-Fried, on trial for fraud, cash laundering and different offenses, had been anticipated to testify in entrance of a Manhattan federal jury on Thursday afternoon. As a substitute, in what amounted to an uncommon apply session after the jury was dismissed for the day, U.S. District Choose Lewis Kaplan required the FTX founder to stroll by way of a number of topics that have been in dispute so the choose might rule on what Bankman-Fried might say to jurors.