Sam Bankman-Fried lawyer says government portrayed FTX founder as a 'monster'
Publishing timestamp: 2023-11-01 22:27:26
Summary
The article discusses the closing arguments in Sam Bankman-Fried's criminal fraud trial. The prosecution accuses Bankman-Fried of scheming and lying to obtain money, while the defense argues that he acted in good faith and that the charges against him are based on a false premise. The trial has largely relied on testimony from former friends and colleagues of Bankman-Fried, as well as evidence of missing customer funds and questionable financial transactions. The jury will now deliberate on the case.
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Keywords: social media, business, cryptocurrency, breaking news: technology, bitcoin, airbnb inc, technology, business news,
Source: https://www.cnbc.com/2023/11/01/sbf-crypto-empire-built-on-pyramid-of-deceit-prosecutors-argue.html