1 year ago
Sam Bankman-Fried appeared to beryllium connected the verge of tears precocious Wednesday astatine the extremity of his lawyer Mark S. Cohen's closing remarks, the erstwhile FTX CEO’s last, champion anticipation for acquittal, oregon astatine slightest a hung jury.
"Sam did his champion to commencement and run 2 multi cardinal dollar businesses successful a caller market,” Cohen said astatine the decision of his emotionally-charged remarks earlier a 12-person jury.
"Some decisions turned retired well… immoderate decisions turned retired poorly," helium added.
At the extremity of the proceeding – which stretched past 6pm – helium offered an entreaty for the assemblage to find Sam acted successful "good faith" passim his clip moving FTX and Alameda Research, his crypto trading firm, and truthful could not beryllium convicted of fraud.
He asked the assemblage to see the existent satellite erstwhile they statesman their deliberations connected Thursday. In Cohen's telling, it was "real satellite miscommunications," "mistakes," and "delays," that imperiled FTX and the remainder of Bankman-Fried's crypto empire – not intentional fraud.
Bankman-Fried spent these last fewer moments of his team’s closing arguments, a ramrod stillness replacing his accustomed jitters. He stared astatine his parents, blinking heavy and drinking large gulps of water. Sitting a fewer rows backmost successful the gallery, Joseph Bankman and Barbara Fried appeared likewise taken by the proceedings.
As Sam walked retired of the courtroom connected Wednesday evening, his parent enactment her manus connected her bosom and sunk her look into her hands.
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