Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

The XRP Whale Outflow Continues on Binance – What’s Happening?

2026-03-08

HashKey Chain introduces the first tokenized real estate RWA in Hong Kong

2026-03-07

Here’s why Bitcoin price shouldn’t fall to $54,000: Analyst

2026-03-07
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    HashKey Chain introduces the first tokenized real estate RWA in Hong Kong

    2026-03-07

    What BEP2 holders need to know

    2026-03-07

    SoFi uses BitGo to power the distribution of its SoFiUSD stablecoin

    2026-03-07

    Interoperability is ‘essential’ for digital assets to reach their full potential: DTCC

    2026-03-07

    A groundbreaking leap into the consumer future of decentralized AI

    2026-03-07
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Refusing new IRS crypto tax forms could cost you your exchange account

    2026-03-07

    US lawmakers consider ban on prediction markets amid bets on Iran

    2026-03-06

    De volatiliteit van Bitcoin zou in april kunnen exploderen als SEC de markt achter de ETF-leverage beoordeelt

    2026-03-06

    Crypto company Kraken secures a direct link to Federal Reserve payments

    2026-03-04

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    2026-03-04
  • Analysis

    XRP Bull Flag Breakout After 8-Month Consolidation to Send Price to $11

    2026-03-07

    Billionaire Peter Thiel dumps a $74,400,000 stake in three assets, including one of Warren Buffett’s favorites

    2026-03-07

    Bitcoin Price Rally Slows, Consolidation Signals Possible Next Step

    2026-03-07

    XRP Price Ladder Shows What Conditions Are Needed for $18, $100, and $500

    2026-03-07

    Bitcoin’s rally from $73,000 faces a crucial test as momentum looks to change

    2026-03-06
  • Learn

    What Is Wrapped ETH (WETH) and Why Do You Need It in DeFi?

    2026-03-06

    What Is Crypto Protocol and Why Coins Need It

    2026-03-04

    Wat is Liquid Proof-of-Stake: uitgelegd voor beginners

    2026-03-02

    The 9 Most Common Crypto Scam Types

    2026-03-02

    Sidechains Explained: What They Are, How They Work, and Why They Matter

    2026-02-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Sam Bankman-Fried’s lawyers claim prosecution portrayed him as a ‘monster’ in closing arguments of FTX fraud trial
Sam Bankman-Fried's lawyers claim prosecution portrayed him as a 'monster' in closing arguments of FTX fraud trial
Regulation

Sam Bankman-Fried’s lawyers claim prosecution portrayed him as a ‘monster’ in closing arguments of FTX fraud trial

2023-11-03No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Lawyers for disgraced FTX founder Sam Bankman-Fried argued that the prosecution is unfairly portraying the suspect as a “monster” as the trial concludes.

According to a Reuters report, Bankman-Fried’s attorney, Mark Cohen, addressed the jury and said the prosecutor had elicited testimony about the suspect’s sex life and appearance in an attempt to portray him as a villain and sway the jury to make you hate him.

As Cohen says:

“Time and time again, the government has tried to turn Sam into some kind of villain, some kind of monster. And let’s be honest, an awkward high school math nerd isn’t exactly a mean look. So what did they do? They wrote him as a villain in the movie.

Court transcripts from Inner City Press ahead to reveal Cohen’s position that the prosecutor tried to portray Bankman-Fried in a negative light using irrelevant material.

“The government has tried to turn Sam into some kind of monster. It’s wrong and unfair. And it is not a basis for deciding this case…

There was a time when Sam was the worst dressed CEO in the world and had the worst haircut. He spoke to every blogger. That is not a crime.”

During the prosecution’s closing statements yesterday, the government addressed the jury and said Bankman-Fried is guilty of all his charges beyond a reasonable doubt, citing the testimony of his former colleagues.

Bankman-Fried is accused of mishandling billions of dollars in customer funds and defrauding investors. It is alleged that he instructed FTX executives to transfer FTX customers’ funds to Alameda Research – the crypto exchange’s sister company – to make crypto bets that went wrong.

See also  'Bitcoin Jesus' charged with tax fraud and arrested in Spain

If convicted of his charges, he faces decades in prison.

However, according to Cohen, Bankman-Fried was not included in the testimonies of other former FTX directors instruct them to commit crimes.

“None of the witnesses testified that Sam told them to break the law. We offer a realistic perspective. Things get messy. People judge things wrong.”

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on TweetFacebook and Telegram

Surf to the Daily Hodl mix

Featured image: Shutterstock/Tithi Luadthong



Source link

Arguments BankmanFrieds Claim Closing fraud FTX Lawyers monster portrayed prosecution Sam Trial
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Refusing new IRS crypto tax forms could cost you your exchange account

2026-03-07

US lawmakers consider ban on prediction markets amid bets on Iran

2026-03-06

De volatiliteit van Bitcoin zou in april kunnen exploderen als SEC de markt achter de ETF-leverage beoordeelt

2026-03-06

Sam Altman says OpenAI rushed the Pentagon deal as the backlash against ChatGPT erupts

2026-03-05
Add A Comment

Comments are closed.

Top Posts

Ethena, Securitize Target Q2 Manet Lancy for RWA-oriented Blockchain, Tap Arbitrum, Celestia

2025-04-18

Pudgy Penguins’ trading volume increases 241% after the deal with Walmart

2023-10-02

Tottax releases 2026 step-by-step guide to filing business taxes in Denver

2026-02-21
Editors Picks

NFT sales are up 39% in one week, while Bitcoin NFT sales maintain rapid momentum

2023-06-05

Dogecoin Price (DOGE) Jumps 10%

2023-07-25

Vitalik Buterin’s crucial solution to stop predictive market manipulation

2025-11-23

More than 5 million NFTs issued by 600,000 users on zkSync in the first month

2024-03-11

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

The XRP Whale Outflow Continues on Binance – What’s Happening?

HashKey Chain introduces the first tokenized real estate RWA in Hong Kong

Here’s why Bitcoin price shouldn’t fall to $54,000: Analyst

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.