On Friday, U.S. District Judge Lewis Kaplan ruled that most of the FTX founder's proposed testimony on the involvement of FTX lawyers in his decisions and actions couldn’t be said in front of a jury.
The ruling was a blow to Bankman-Fried, whose defense team had hoped to argue that the lawyers' involvement showed he was acting in good faith in circumstances that prosecutors have alleged were crimes. Bankman-Fried is on trial facing several fraud charges for his role in the collapse of his crypto exchange. He has pleaded not guilty.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
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