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Monday, May 20, 2024
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HomeFinanceSam Bankman-Fried goes on trial: Per week in evaluate
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Sam Bankman-Fried goes on trial: Per week in evaluate

Luxurious actual property, political donations, investments and journal covers. One yr in the past, that was the lifetime of Sam Bankman-Fried, Assistant United States Lawyer Thane Rehn remarked in the course of the opening statements of the world’s most well-known crypto trial.

“All of it was constructed on lies,” Rehn continued, claiming that the co-founder of Alameda Analysis and FTX “lied to the world” to get richer and enhance affect by lobbying in Washington, D.C. Rehn’s assertion apparently affected even Bankman-Fried’s protection counsel, who responded with a lukewarm comment. His lawyer, Mark Cohen, portrayed his shopper as an entrepreneur who made errors throughout occasions of accelerated progress. “There was no theft,” he informed jurors.

Marc Julliard

Scenes from outdoors Bankman-Fried’s trial location in New York. Supply: Ana Paula Pereira/Cointelegraph

Adam Yedidia

Matthew Huang

Gary Wang

Proceed Studying on Coin Telegraph

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