After the monthlong trial, jurors rejected Bankman-Fried’s claim during four days on the witness stand in Manhattan federal court that he never committed fraud or meant to cheat customers.
FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
” The government relied heavily on the testimony of three former members of Bankman-Fried’s inner circle, his top executives including his former girlfriend, Caroline Ellison, to explain how Bankman-Fried used Alameda Research to siphon billions of dollars from customer accounts at FTX.
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Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-FriedIn a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges. Assistant U.S.
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Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-FriedIn a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.
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Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-FriedIn a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.
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Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-FriedIn a closing argument, a prosecutor urges a New York jury to convict FTX founder Sam Bankman-Fried of fraud because of his 'pyramid of deceit.'
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FTX Trial: Prosecutor cites 'pyramid of deceit' in urging jury to convict Sam Bankman-FriedIn a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the 'pyramid of deceit' that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.
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Sam Bankman-Fried trial gives jury inside view of FTX's final daysSam Bankman-Fried's fraud trial has given an unprecedented window into how a group of graduates from elite U.S. universities in their late 20s and early 30s tried, and ultimately failed, to avert one of the biggest and swiftest corporate meltdowns ever.
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