DOJ Claims Former FTX CEO Guilty, Defense Shifts Blame to Ellison

DOJ Claims Former FTX CEO Guilty, Defense Shifts Blame to Ellison

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The opening statement of the prosecutor in Bankman Fried’s trial is “He poured people’s money to make himself even richer.”
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Sam Bankman Fried’s defense team countered – the FTX founder acted in good faith
The U.S. Department of Justice started with the opening statement that the FTX founder Sam Bankman Fried’s entire crypto empire was a house of cards built on lies. The defense lawyer opposed it and said that the FTX founder acted in good faith, his business grew too quickly and shattered dramatically without any fault of his.
The defense lawyer also assigned some of the blame to Caroline Ellison, one of his former employees, that she failed to install safeguards. Ellison has already pleaded guilty and will give evidence during the trial.
Assistant U.S. Attorney Nathan Rehn told a 12-person Jury that to prove that the FTX founder is guilty and the government will provide sufficient proof. He lied to his customers and used their money to

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We współpracy z: https://www.thecoinrepublic.com/2023/10/09/doj-claims-former-ftx-ceo-guilty-defense-shifts-blame-to-ellison/

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