Prosecution in Closing Remarks: Sam Bankman-Fried ‘Lied REPEATEDLY’ on the Stand – Built a ‘Pyramid of Deceit’ to Defraud Costumers – Jury Expected to Start Deliberations on Thursday
The high profile Sam Bankman-Fried fraud trial is nearing its completion with the closing arguments.
In their final say, prosecutors stated that the disgraced cryptocurrency mogul repeatedly lied on the witness stand.
Since SBF made the unusual decision to testify in his own criminal case, he is potentially risking a greater prison sentence in case he’s found guilty and if the judge agrees with prosecutors that he lied under oath.
And the sentencing guideline is brutal to begin with, may be as high as 110 years in prison.
Assistant US Attorney Nicholas Roos, delivered the prosecution’s closing arguments, and noted Bankman-Fried was more comfortable with his answers under questioning from his own attorney — but that he became far more hesitating and equivocal when prosecutors questioned him him.
