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.
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