Sam Bankman-Fried is expected to testify as soon as Thursday in his own defense, his lawyers signaled during a telephone hearing Wednesday while the trial is paused.

The trial in Manhattan federal court resumes Thursday, when the government is expected to rest its case.

Defense attorneys plan to put on a limited case, including testimony from Bankman-Fried, who faces seven counts and a sentence that could amount to life in prison for allegedly defrauding customers of FTX.

This is a developing story. Please check back for updates.