Sam Bankman-Fried, the founder and former CEO of FTX, a prominent cryptocurrency exchange, is currently on trial in the United States District Court Southern District of New York. He is facing multiple charges, including embezzlement, speculative trading with customer funds, and misusing them for personal gain or political donations. In an unexpected turn of events, Bankman-Fried has chosen to testify in his own defense. However, during a practice session in front of the jury, he struggled to recall important details and conversations related to the company’s activities. This has raised concerns about his credibility and the strength of his defense. Judge Lewis Kaplan, recognizing the significance of the situation, has decided to personally evaluate Bankman-Fried’s arguments before allowing the jury to proceed. The outcome of this trial remains uncertain, but Bankman-Fried’s testimony thus far has failed to convince.

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