“That concludes the presentation of evidence in this case,” Judge Lewis Kaplan announced just after noon ET on Tuesday as he sent the jury home. Closing arguments are set to begin at 9:30 am ET on Wednesday. Tuesday’s testimony delivered some of the most damning blows yet to his defense, which has hinged on Bankman-Fried’s narrative that he made honest mistakes as a startup founder.
Friends in high places US Assistant Attorney Danielle Sassoon continued her aggressive cross-examination Tuesday morning, highlighting, among other things, that Bankman-Fried appeared to have a cozy relationship with members of the Bahamian government. Bankman-Fried testified that he attended a dinner with the island nation’s prime minister, alongside former US president Bill Clinton and former UK Prime Minister Tony Blair.
Sam Bankman-Fried Grilled in Crucial Day on Witness StandFTX founder faces hours of uncomfortable questions and sidesteps some answers in fraud trial Read more ⮕
LIVE: Sam Bankman-Fried Takes the Stand for a Third Day in FTX Fraud TrialNikhilesh De is CoinDesk’s managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether. Read more ⮕
Sam Bankman-Fried hammered on conflicting messages on witness standThe cross examination of SBF began Monday morning, with U.S. assistant attorney Danielle Sassoon tearing into the former FTX chief, focusing on his tendency to say one thing, and then saying — and doing — another. Read more ⮕
Sam Bankman-Fried to retake witness stand, face cross-examination in fraud trialFTX founder Sam Bankman-Fried is set to retake the witness stand on Monday in his trial on fraud charges tied to the collapse of the cryptocurrency exchange, with prosecutors poised to challenge his assertion that he did not steal billions of dollars in customer funds. Read more ⮕
SBF TRIAL Podcast 10/31: Was Sam Bankman-Fried Taking the Stand a Huge Mistake?Listen to the latest SBF trial updates by the CoinDesk Podcast Network. Read more ⮕
Sam Bankman-Fried Is Back on the Hot Seat; How Could AI and Blockchain Work Together?FTX founder Sam Bankman-Fried will be back on the stand again Tuesday for more cross-examination in his criminal trial. Katten partner and co-chair for the firm’s financial markets and regulation practice group Dan Davis weighs in. Read more ⮕