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Sam Bankman-Fried, the CEO of digital asset trading platform FTX, is expected to testify in the upcoming trial of downloader.com, one of his former companies. According to Bankman-Fried’s attorney, he will take the stand in the trial that is scheduled to begin on July 15.
The trial involves alleged federal securities and wire fraud. Bankman-Fried’s testimony will focus on his role in the company’s activities and whether or not he was aware of any suspicious activity transpiring with downloader.com. He has denied any wrongdoing.
Bankman-Fried is the second executive of downloader.com to testify in the case. Gene Garchik appeared in court last month and answered questions related to his role at the company, as well.