The trial against Sam Bankman-Fried, the co-founder of cryptocurrency exchange FTX, continued on Tuesday, with Bankman-Fried taking the stand. The defense team presented its final arguments and rested its case, while the prosecution proceeded with cross-examination. U.S. Assistant Attorney Danielle Sassoon, the lead prosecutor, relentlessly challenged Bankman-Fried’s testimony, uncovering inconsistencies in his previous statements.
Helene Braun, a U.S. Markets Reporter for CoinDesk, shared her observations from the courtroom and provided an overview of the trial during an interview with Yahoo Finance. Braun highlighted Sassoon’s tactics, mentioning that she presented a video featuring Bankman-Fried alongside former U.S. President Bill Clinton and U.K. Prime Minister Tony Blair in the Bahamas. Although Bankman-Fried claimed the gathering was for the FTX conference, Sassoon pointed out that they had dinner together. To substantiate her argument, Sassoon presented the court with a video of the dinner and emphasized that FTX had offered exclusive deals to Bahamians, among other evidence.
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