Sam Bankman-Fried Could Take the Rare Step of Testifying

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Sam Bankman-Fried Could Take the Rare Step of Testifying
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Other white-collar defendants have largely been convicted after telling their story directly to the jury

Bankman-Fried could testify at his fraud trial as soon as Thursday, but taking the stand has proven perilous for past white-collar defendants. Rarely does the testimony lead to an acquittal. Instead it often sinks their credibility with jurors. Here are a few cases in which defendants chose to testify.Accused of defrauding patients and investors of her blood-testing startup.

Accused of working illegally on behalf of the United Arab Emirates to influence the former president and his inner circle.Barrack told jurors that he never took direction from U.A.E. officials and that his connection to Trump ultimately proved disastrous for his business. He was acquitted on all nine charges in 2022.Accused of working with another executive to loot the conglomerate of more than $150 million.

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