Sam Bankman-Fried was grilled on the stand Monday, as the prosecution drilled the FTX founder with questions on public statements he previously made or posted on X (formerly known as Twitter) before the collapse of the exchange.
He seemed to make a lot of statements in public that were used yesterday in the cross examination. Would they have appeared anywhere in this trial? Had he not taken the stamp? It's always possible that they may have, that they may have. But you almost guarantee that these types of statements will come in. If you testify, it's much harder to get them in if he doesn't testify. And as you noted, a lot of the statements that he was cross examined on happened in that time period after the FDX bankruptcy in November of 2022 and the time he was arrested in December of 2022. And so this is why a lot of defense counsel will suggest to their, to their clients not to make these types of public statements. And this is the reason why is because these statements can be used in, in your eventual trial.