Did SBF Just Admit Guilt Under Oath?

TL;DR

• The SBF listening to ought to end this Thursday or Friday, at which level the jury will begin deliberation.

• Prosecutors introduced up the truth that Alameda Analysis may basically borrow FTX buyer funds with out being pressured to pay it again. Sam has at all times tried to counsel that he had no concept about it…however now he is underneath oath.

• When requested to both affirm or deny his data about Alameda’s entry to FTX buyer funds, Sam responded: “I do not deny it, no.”

Full Story

One other day, one other line of questioning for Sam Bankman-Fried!

Right here’re our three largest takeaways from Monday’s cross examination:

1. The listening to ought to end this Thursday or Friday, at which level the jury will begin deliberation.

   (Ah, time flies whenever you’re watching one of many largest alleged monetary frauds of all time at trial!)

2. The prosecution introduced up how Sam dressed, suggesting that his dressed down look was a branding transfer.

   Which looks like an try to ship a subliminal message to the jury:

   ‘This dude was mendacity about the whole lot, it was all an act…proper right down to the garments he wore.’

3. Ooft it is a biggy!

   Prosecutors introduced up the truth that Alameda Analysis may basically borrow FTX buyer funds with out being pressured to pay it again.

   (Sam has at all times tried to counsel that he had no concept about it…however now he is underneath oath).

   When requested to both affirm or deny his data about Alameda’s entry to FTX buyer funds, Sam responded:

   “I do not deny it, no.”