Sam Bankman-Fried will take the witness stand in his New York fraud trial on Friday. He is accused of stealing billions of dollars from customers’ funds at his now-bankrupt FTX cryptocurrency trading exchange.

After 12 days of trial, this will be the first time that the 12 jurors plus five alternates hear directly from the former billionaire, aged 31.

Bankman-Fried began to testify on Wednesday in an unusual hearing held outside of the presence of the jury. U.S. district judge Lewis Kaplan asked Bankman-Fried to preview his testimony regarding the involvement of attorneys in key decisions that were at the core of the case so he could determine whether it would be admissible as proof.

Bankman-Fried is accused by prosecutors of using FTX funds to support his crypto-focused hedge fund, Alameda Research. He also made speculative investments in venture capital and donated more than $100,000,000 to U.S. campaign political campaigns. He is also accused of scheming against Alameda’s investors and lenders.

Bankman-Fried’s trial, which began on October 3, is nearing its end, nearly a full year after FTX fell amid a massive wave of withdrawals by customers. Bankman-Fried’s trial, which began on October 3, is nearing its end nearly a year after FTX collapsed amid a wave of customer withdrawals.

Bankman-Fried stated during questioning by defense lawyer Mark Cohen that FTX’s lawyers were involved with crafting its document retention policies, setting up a scheme under which FTX clients deposited their money into an Alameda account, and creating loans that he, along with other executives, took from Alameda.

Bankman-Fried’s parents, both of whom are professors, often shifted from side to side during cross-examination.

Bankman-Fried once said, “I will answer the question I believe you have asked but I apologize if it is the wrong one.”

Kaplan noted during the hearings that Bankman Fried had “an intriguing way of answering questions.”

Bankman-Fried stated that he thought Alameda could borrow money from FTX under certain conditions, but he resisted the notion that he used customer assets to his ends.

When asked if he had talked to attorneys about using FTX customers’ assets to purchase Binance’s stake in FTX, he replied: “That was not what I viewed as happening, and that is certainly not the way I discussed it.”

Kaplan said that he would rule on Bankman-Fried’s ability to tell the jury of his interactions with attorneys in the morning.

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