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SBF told the court that his actions were driven by a sincere belief in their legality, given that legal experts had approved certain aspects of his policies.
Assad Jafri 7 min read 
Observers were surprised to hear Judge Lewis Kaplan order jurors out of the room before Bankman-Fried was allowed to speak.
Sam Bankman-Fried's lawyers said his actions were motivated by 'good faith.'
The prosecution, which previously expected the case to reach a head by Oct. 30, believes the case will now take much longer to conclude due to the complications arising from SBF's testimony.
SBF's lawyers have said they intend to call the FTX founder to the stand on Oct. 26 to testify in his own defense.
The bankrupt exchange is reportedly eyeing a relaunch of its trading operations.
SBF's proposed witness Joseph Pimbley is a financial expert with more than 30 years of experience.
Former head of engineering at FTX Nishad Singh admitted to knowingly spending customer deposits at Bankman-Fried's direction during a week of explosive testimony.
FTX General Counsel Can Sun began his testimony by stating that he "didn't do anything wrong" and had "no idea" that the exchange and Alameda were misusing customer funds.
