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    Sam Bankman-Fried will testify in his defense in what may be the gamble of his life

    The former FTX CEO, who is accused of orchestrating one of the largest financial frauds in history, plans to testify in his own criminal trial in a major gamble to avoid prison time.
    by David Gura Oct 25, 2023 3 minutes
    Sam Bankman-Fried is accused of defrauding the company's customers, investors and lenders. He's set to take the stand on his own defense starting as early as Thursday.

    Ever since Sam Bankman-Fried's crypto empire collapsed, he has claimed he did nothing wrong.

    Now, he will make that case directly to jurors in his criminal trial in a high-stakes gamble to avoid prison time.

    It's a big bet even for a former Wall Street trader who has a reputation for embracing risk. The government has charged Bankman-Fried with seven criminal counts, including fraud, and if he is convicted, he could spend the rest of his life in prison.

    But Bankman-Fried's decision to testify was also not

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