• AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    As Sam Bankman-Fried’s trial for seven charges related to fraud and money laundering approaches its final innings, the question of how he’ll mount his defense hangs over the proceedings.

    During a teleconference on Wednesday, Mark Cohen, Bankman-Fried’s lead attorney, said that the defense has three potential witnesses.

    Attorneys Nicolas Roos said if the defendant testifies, which Cohen indicated he is, and depending on what Bankman-Fried says, a Monday closing for the trial “may no longer be realistic.”

    While he was working in the Southern District of New York, Natfalis secured convictions in every federal criminal trial that he led as an assistant U.S. attorney.

    Based on that experience, Naftalis said that Bankman-Fried is up against strong evidence, three cooperating witnesses and details of how billions of dollars flowed through corporations he controlled.

    I was acting in good faith, things just got out of control,’ and it’s really hard for any defendant to explain to a jury what’s in his head unless they take a stand,” Naftalis said.


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