SBF Trial – Week 5 kicks off with SBF retaking the stand for an intense cross-examination

Oct. 31, 2023

By Assad Jafri

The fifth week of the high-stakes trial that has captivated the cryptocurrency world began with Sam Bankman-Fried (SBF) resuming his testimony on the stand before a thorough cross-examination by the prosecution.

SBF was hit with intense questioning about his role as the CEO of FTX and the inner workings of the crypto exchange in both sessions and recounted some of the key decisions he made in the weeks leading up to the collapse of FTX and Alameda Research.

Judge Kaplan opened the day’s proceedings by addressing the jury and informing them that it was uncertain if the trial would conclude by Nov. 2 and asked if any of them had significant issues with continuing into Nov. 3.

None of the jury members objected to the proceedings taking longer, and the proceedings began with SBF resuming his testimony from the prior week.

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