The trial of former FTX CEO Sam “SBF” Bankman-Fried in New York continues, with prosecutors resting their case on October 26. FBI agent Mark Troiano provided testimony about his analysis of over 300 Signal groups associated with Bankman-Fried. The defense called witnesses, including Bahamas attorney Krystal Rolle, who discussed FTX’s transfer of digital assets to the Bahamas regulator, and financial consultant Joseph Pimbley, who analyzed FTX’s code and database. The defense argued that the FTX database did not accurately reflect its bank accounts at the time.

During the trial, former FTX general counsel Can Sun testified on October 19, revealing that he was unaware of the exchange’s commingling of funds with Alameda Research. He also presented a spreadsheet that traced loans made by Alameda to Bankman-Fried and others, totaling $2.1 billion. Sun stated that he relied on Bankman-Fried’s statements about segregating customer funds when developing the company’s terms of service. The trial has faced delays and interruptions, with Judge Kaplan expressing frustration with the lawyers’ strategies.

The trial will resume on October 26, and it remains uncertain whether the defense will present a case.