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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.
Based on a Reuters report, Mark Cohen, Bankman-Fried’s lawyer, addressed the jury and stated that the prosecution elicited testimony concerning the defendant’s intercourse life and look in an try to color him as a villain and get the jury to dislike him.
As acknowledged 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, an ungainly highschool math nerd doesn’t look significantly villainous. So what did they do? They wrote him into the film as a villain.”
Court docket transcripts from Interior Metropolis Press additional reveal Cohen’s stance that the prosecution was making an attempt to color Bankman-Fried in a destructive gentle utilizing irrelevant issues.
“The federal government has tried to show Sam into some form of monster. It’s fallacious and unfair. And it’s not a foundation on which to determine this case…
There was a time when Sam was the worst-dressed CEO on the earth and had the worst haircut. He talked to any blogger. That isn’t a criminal offense.”
In the course of the prosecution’s closing statements yesterday, the federal government addressed the jury and said that Bankman-Fried is responsible past an inexpensive doubt on each single one in all his expenses, citing the testimony of his former colleagues.
Bankman-Fried is accused of mishandling billions of {dollars} price of buyer funds in addition to defrauding traders. It’s alleged that he instructed FTX executives to switch the funds of FTX prospects into Alameda Analysis – the crypto change’s sister agency – to make crypto bets that went awry.
If convicted of his expenses he confronted a long time in jail.
Nonetheless, 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 instructed them to violate the regulation. We’re providing a real-world perspective. Issues get messy. Folks misjudge issues.”
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Featured Picture: Shutterstock/Tithi Luadthong
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