Let’s be sincere: The details are dangerous for Sam Bankman-Fried. The prosecution, within the closing assertion delivered by Nicolas Roos (pronounced “Rose”, although he gained’t appropriate you for those who get it incorrect, as Decide Lewis Kaplan did for many of the trial) at the moment, went by means of plenty of contemporaneous written proof that advised that Bankman-Fried was very, very responsible of wire fraud and conspiracy fees at FTX. Roos gave a assured, restrained argument, relying closely on that proof to argue Bankman-Fried had used FTX buyer deposits as his personal non-public piggy financial institution, funneling them by means of his buying and selling agency, Alameda Analysis.
He additionally pointed to why Bankman-Fried had executed it: “The defendant was grasping.”