Sam Bankman-Fried’s (SBF) multiple counts of charges in various categories – including fraud against FTX customers, fraud against FTX investors, fraud against Alameda's lenders, conspiracy to commit money laundering, and conspiracy to commit securities fraud – have brought to light many discoveries, with the previous session giving both desks...
SBF trial has reached the jury deliberation stage after rebuttal summation by prosecutor Danielle Sassoon. The prosecutor has urged the jury to “find him guilty,” referring to SBF. The jury could give its verdict either on Friday or Monday, but the Bahamas angle of bigwig privileges remains unresolved. There could be a second trial pursuing the China bribe and political contribution charges.
Her statement comes after saying that SBF’s assertions were all just a made-up story, especially when he said he found a $10 billion liability. Sasson also urged the jury to consider the testimonies of the “cooperators”, referring to the co-executives mentioned above. Comparing their accounts with that of SBF, the prosecutor claims that the defendant’s account of how the incidents took place “was polished on direct,” meaning it was likely a total fabrication of events as his story changed.
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