Sam Bankman-Fried Testimony, Oct. 31, 2023: Analysis and Archive

Sam Bankman-Fried faces multiple fraud charges in the collapse of his cryptocurrency firm FTX. Bankman-Fried finished his testimony on Tuesday. Closing arguments begin Wednesday morning.

Last Updated:

Oct. 31, 2023 at 6:01 PM EDT

Federal prosecutors finished cross examining Sam Bankman-Fried on Tuesday. The defense asked the FTX founder more questions and then rested its case.

Closing arguments will start on Wednesday.

To Recap: Bankman-Fried is on trial facing several fraud charges for his role in the collapse of his crypto exchange. He has pleaded not guilty.

Stay informed on Bankman-Fried and the collapse of FTX:

Listen to our special FTX trial podcast: The Trial of Crypto's Golden Boy

Read how we got here and the charges facing Bankman-Fried