#From $60 million to zero#

Robert Boroujerdi, a director at Third Point, the investment firm founded by Dan Loeb, briefly took the stand, testifying that his company invested $60 million in FTX.

The investment is now worth $0, he said.

Third Point saw both audited and unaudited financials, said Boroujerdi, a veteran of Wall Street investment banking colossus Goldman Sachs.

The trial will resume next Thursday, Oct. 26, with the DOJ's final witnesses. Prosecutors said at the opening of Thursday's session that they expected to wrap up quickly after the week-long break. The defense will begin presenting its case – if it chooses to do so – after lunch on Thursday, Oct. 26.

Bankman-Fried has not yet said whether he will testify in his defense.

Source: Coindesk