SBF
  • The prosecution and defense have each rested in Sam Bankman-Fried's fraud trial.
  • The government poked a gaping hold in Bankman-Fried's credibility in its hours of questioning.
  • Judge Lewis Kaplan denied the defense's motion for a judgement of acquittal. 

The prosecution and the defense have each rested their cases in the trial of Sam Bankman-Fried in downtown Manhattan, after nearly two days of testimony by the FTX founder himself.

In a rare and risky move for a defendant, Bankman-Fried opted to take the stand in his own defense late last week. Following questioning by his defense attorney on Friday and early Monday, he gave avoidant responses to questions posed by prosecuting US Assistant Attorney Danielle Sassoon.