SBF trial day 17: FTX founder pitched as a criminal and a victim in closing arguments

2023-11-2 02:40

Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial over FTX’s multi-billion dollar collapse where prosecutors allege that the founder built his crypto empire atop a “pyramid of lies”.

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closing arguments founder trial ftx allege prosecutors

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Источник: btcmanager.com

closing arguments → Результатов: 10

SBF Trial Day 16 — Both sides enter closing arguments as jury prepares to deliberate

The Sam Bankman-Fried (SBF) trial reached a head on Nov. 1, with both sides presenting their closing arguments to the jury before it deliberates on a verdict. The prosecution’s closing argument revolved around painting Bankman-Fried as a serial liar driven by greed and who intentionally took customer deposits on fraudulent terms and spent them.

2023-11-2 03:30
closing jury trial sbf bankman-fried both arguments

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Sam Bankman-Fried ‘doubled down’ by buying Binance’s stake in FTX — US prosecutors

The prosecution is delivering its closing arguments at the Southern District Court of New York, where SBF’s trial has been taking place since Oct. 3.

2023-11-2 23:03	United States
new york court southern district sbf oct

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‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial

The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud.

2023-11-2 18:08	United States
fraud arguments closing sbf convince jury conspiracy

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SBF Trial Day 15 – SBF pleads not guilty to all charges as defense rests its case

Day 15 of the Sam Bankman-Fried (SBF) trial began with the prosecution continuing its cross-examination of the defendant and concluded with the defense resting its case and preparing for closing arguments.

2023-11-1 03:18	legal
sbf case defense trial day defendant continuing

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SBF criminal trial moves to closing arguments

Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX.

2023-11-1 20:36	SBF
seven counts all guilty fraud related exchange

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SBF trial day 16: Judge Kaplan denies acquittal motion, closing arguments set for Nov. 1

Sam Bankman-Fried’s testimony concluded on Oct. 31 as prosecutors outlined inconsistencies in his statements and defense lawyers pointed to erroneous management decisions taken by other executives like FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison.

2023-10-31 20:08	sam bankman-fried
management erroneous decisions taken lawyers statements defense

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Feared Run on British Banks Supports Calls For Decentralization

A prominent government minister in Britain has proposed the idea of closing banking institutions in order to mitigate the impact of an unstructured exit from the European Union. Analysts call the proposal ineffective and another reason to support broader arguments for decentralization.

2019-8-12 18:00	Finance
decentralization british banks britain feared closing calls

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Former Mt. Gox CEO Says He Is Sorry But Maintains His Innocence as Trial Closes

Mark Karpeles, the former chief executive officer of the now-defunct Mt. Gox, has reportedly apologized for the losses that led to the demise of the cryptocurrency exchange. However, the embattled Frenchman insisted on his innocence regarding charges of embezzlement in closing arguments during his trial in Tokyo on Dec.

2018-12-27 20:15
innocence former trial gox sorry ceo says

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Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End

In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.

2018-12-27 13:30
mark karpeles gox ceo exchange collapsed bitcoin

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FTX recovers $14.5 million through political donation settlements

FTX debtors secured approximately $14. 5 million in November through small claim settlements, primarily from political donations, according to a Dec. 10 court filing. The recovered funds included $6 million from the House Majority PAC and $3 million from the Senate Majority PAC.

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FTX has nearly finalized preparations for its court-approved repayment plan two years after the crypto exchange crashed due to bad corporate practices and fraud.

FTX’s Gary Wang spared prison time in fraud case

Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.

The FTX co-founder proved ‘outstanding assistance’ to the US authorities. What awaits him now?

FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S. District Court for the Southern District of New York filed a…

Apple and A24 have a Sam Bankman-Fried biopic in the works

Apple Studios and A24 are working on a movie about former FTX CEO Sam Bankman-Fried, adapted from the best-selling Michael Lewis book ‘Going Infinite: The Rise and Fall of a New Tycoon.’ According to a Variety report, Apple Studios and…

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Research, which was insolvent at the time and couldn’t […] The post FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer appeared first on CoinJournal.