The attorneys of disgraced FTX founder Sam Bankman-Fried argued that the prosecution is unfairly portray the defendant as a “monster” because the trial closes.
In keeping with a Reuters report, Mark Cohen, Bankman-Fried’s lawyer, addressed the jury and stated that the prosecution elicited testimony in regards to the defendant’s intercourse life and look in an try to color him as a villain and get the jury to dislike him.
As said by Cohen,
“Repeatedly, the federal government has sought to show Sam into some form of villain, some form of monster. And let’s face it, a clumsy highschool math nerd doesn’t look notably villainous. So what did they do? They wrote him into the film as a villain.”
Courtroom transcripts from Interior Metropolis Press additional reveal Cohen’s stance that the prosecution was trying to color Bankman-Fried in a detrimental mild utilizing irrelevant issues.
“The federal government has tried to show Sam into some form of monster. It’s flawed and unfair. And it’s not a foundation on which to resolve this case…
There was a time when Sam was the worst-dressed CEO on this planet and had the worst haircut. He talked to any blogger. That’s not against the law.”
In the course of the prosecution’s closing statements yesterday, the federal government addressed the jury and stated that Bankman-Fried is responsible past an inexpensive doubt on each single one in every of his prices, citing the testimony of his former colleagues.
Bankman-Fried is accused of mishandling billions of {dollars} price of buyer funds in addition to defrauding buyers. It’s alleged that he instructed FTX executives to switch the funds of FTX prospects into Alameda Analysis – the crypto trade’s sister agency – to make crypto bets that went awry.
If convicted of his prices he confronted a long time in jail.
Nevertheless, in accordance with Cohen, the testimony of different former FTX executives didn’t embody Bankman-Fried instructing them to commit crimes.
“Not one of the witnesses testified that Sam informed them to violate the regulation. We’re providing a real-world perspective. Issues get messy. Folks misjudge issues.”
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