Matthew Russell Lee’s Newsletter

Share this post

User's avatar
Matthew Russell Lee’s Newsletter
SBX Trial Extra: Bankman-Fried Had Amnesia 140 Times on the Stand US Says in SDNY Trial Closing
Copy link
Facebook
Email
Notes
More

SBX Trial Extra: Bankman-Fried Had Amnesia 140 Times on the Stand US Says in SDNY Trial Closing

More on jury timing - and Juror 3 - below the fold / paywall (support) line here

Matthew Russell Lee / ICP's avatar
Matthew Russell Lee / ICP
Nov 01, 2023
∙ Paid
1

Share this post

User's avatar
Matthew Russell Lee’s Newsletter
SBX Trial Extra: Bankman-Fried Had Amnesia 140 Times on the Stand US Says in SDNY Trial Closing
Copy link
Facebook
Email
Notes
More
Share

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Nov 1 – For US v Sam Bankman-Fried, after more than a day of jury selection, late morning on October 4 the twelve and six alternate were selected. Inner City Press live tweeted the voir dire here and more below

On Nov 1, AUSA Nick Roos delivered the prosecution's summation, including this thread:

AUSA Roos: The core dispute here is whether the defendant knew that taking the money was wrong. He knew. He did it anyway. He thought he was smarter, and could walk his way out of it. Today, with you, that ends.

AUSA Roos: Did you notice how he evaded, with the layout of Alameda in an Airbnb, or why he chose the Miami Heat Arena to name? But how was he on cross examination? He couldn't remember a single detail. It was uncomfortable. 140 times...

 AUSA Roos: He asked for terms to be defined, terms he had already used. He tried to tell a story to exclude himself from the fraud. That was a lie. Over three days he took the stand and he lied. You'd have to ignore all the evidence

Court art courtesy to Inner City Press from Elizabeth Williams

 AUSA: Before FTX there was Alameda. [Chart fail] Judge Kaplan: Is it not on the screen? AUSA: They don't have it in the middle row. [It's a chart of Alameda, signed by SBF]

[Tech snafu continues. Closings, it seems, will definitely go into tomorrow....During the lull, Bankman-Fried is sitting slumped at the defense table, seemingly-glumly typing on his laptop]

 Judge Kaplan: Alright, let's get the jury back in the box.

AUSA Sassoon: And maybe ask them not to touch... Jury entering!

Judge Kaplan: It went down again? Get into the jury box, folks.

Judge Kaplan (to jurors) The panel that may be the cause of the problem is in the back corner of the jury box. Please stay away from there. We're having Alternate juror 1 moved where Alternate 4 was. We'll get a single big screen if needed. OK, roll with it

AUSA Roos: The defendant WAS Alameda. 90% owner. It took out loans to do crypto trading. Then the defendant started FTX and started getting customer money. He thought this was a new source of money for Alameda. Caroline Ellison told you so

  More below the fold / paywall (support) line here

Keep reading with a 7-day free trial

Subscribe to Matthew Russell Lee’s Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Matthew Russell Lee / ICP
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More