SBF: FTX's business actions are guided by lawyers, and lawyers are involved in key business decisions

ChainCatcher news, according to the Wall Street Journal, FTX founder SBF made a potential defense on Thursday local time when he told a federal judge that he relied on the support of lawyers to make business decisions, and that the decisions were made under legal advice, such as deleting communications and issuing loans to himself.

Additionally, when asked to provide such records, SBF stated that he knew very little about some internal operations of the company he founded. The judge is expected to rule on the admissibility of SBF's testimony on Friday morning, but he seemed skeptical of the defendant's claim regarding the lawyers' involvement in key business decisions.