The prosecutors within the FTX fraud trial say that disgraced Sam Bankman-Fried is responsible past affordable doubt following his testimony in courtroom.
In new court transcripts reported by Internal Metropolis Press, Assistant Legal professional of america Nicolas Roos addresses the jury and argues that Bankman-Fried is responsible on each single considered one of his fees.
Says Roos,
“The core dispute right here is whether or not the defendant knew that taking the cash was unsuitable. He knew. He did it anyway. He thought he was smarter, and will stroll his means out of it. In the present day, with you, that ends.”
In line with Roos, Bankman-Fried’s testimony was crammed with lies and handy omissions.
“Did you discover how he evaded, with the format of Alameda in an Airbnb, or why he selected the Miami Warmth Enviornment to call? However how was he on cross-examination? He couldn’t keep in mind a single element. It was uncomfortable. 140 instances…
He requested for phrases to be outlined, phrases he had already used. He tried to inform a narrative to exclude himself from the fraud. That was a lie. Over three days he took the stand and he lied. You’d need to ignore all of the proof.”
Roos goes on to say that believing Bankman-Fried is harmless requires a suspension of disbelief.
“You’d need to ignore the three cooperating witnesses, the spreadsheets, the lies. You’d need to consider that the defendant, from MIT, was clueless. You already know it’s not true. You’ve heard his co-conspirators and noticed the key paperwork.
The defendant is responsible past an inexpensive doubt on each considered one of these fees. We’ll discuss in regards to the protection arguments. Alright. What occurred? What does the proof present? He took cash and crypto from prospects.”
Bankman-Fried is accused of mishandling billions of {dollars} value of buyer cash in addition to defrauding traders when he allegedly masterminded a plot to maneuver funds from the crypto trade to its sister agency, Alameda Analysis, to make high-risk bets that failed.
If convicted on his fees, Bankman-Fried faces many years a number of many years in jail.
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