By Allison Morrow | CNNSam Bankman-Fried has stepped down from the stand, after four days of testimony in his criminal fraud trial. Bankman-Fried testified that he attended a dinner with the island nation’s prime minister, alongside former US president Bill Clinton and former UK Prime Minister Tony Blair. In November last year, after FTX had frozen customer withdrawals amid a liquidity crunch, Bankman-Fried offered to open up withdrawals for all Bahamian customers. Bankman-Fried testified he did open those withdrawals “for a short period.”Bankman-Fried also testified that he doesn’t recall ever directing Alameda employees not to spend the FTX customer deposits. ‘Uninvolved’ in AlamedaMark Cohen, Bankman-Fried’s lead attorney, gave him a chance Tuesday morning to clarify some of his testimony regarding the relationship between FTX and Alameda.

Source: CNN October 31, 2023 21:09 UTC