SBF offers wooden 'regret' for his hedge fund removing billions of FTX users' funds before leaving stand
SBF offers wooden ‘regret’ for not questioning highly unusual arrangement that netted his fund billions
The 12-person jury began huddling at around 3:15 p.m. inside the Manhattan federal courthouse after prosecutors hours earlier made their final pitch to convict Bankman-Fried, 31, on fraud and conspiracy charges as the month-long trial ended. Sassoon had questioned the former tech golden boy as he repeatedly claimed to “not recall” business dealings during his four days on the stand.
Bankman-Fried’s attorney, Mark Cohen, meanwhile, has said that the feds had “unfairly” tried to paint the accused fraudster as “some sort of monster” who set out to steal from his customers — ignoring his work building two “legitimate, valid, innovative businesses” before they both collapsed. The fallen crypto king took the stand for four days, where he claimed his company imploded due to “mistakes,” not crimes.The jury of nine women and three men plan to deliberate tonight until around 8 p.m.
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Jury begins deliberating fate of FTX founder Sam Bankman-FriedA New York jury has begun deliberating whether FTX founder Sam Bankman-Fried was guilty of fraud in the disappearance of billions of dollars from his customers' accounts on the cryptocurrency exchange.
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Jury begins deliberating fate of FTX founder Sam Bankman-FriedA New York jury has begun deliberating whether FTX founder Sam Bankman-Fried was guilty of fraud in the disappearance of billions of dollars from his customers' accounts on the cryptocurrency exchange
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Jury begins deliberating fate of FTX founder Sam Bankman-FriedA New York jury has begun deliberating whether FTX founder Sam Bankman-Fried was guilty of fraud in the disappearance of billions of dollars from his customers' accounts on the cryptocurrency exchange
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