NEW YORK (AP) — A New York jury began deliberating on Thursday whether FTX founder Sam Bankman-Fried was guilty of fraud in the disappearance of billions of dollars from his customers’ accounts on the cryptocurrency exchange he created four years ago.
The Manhattan federal court jury began its work after a judge explained the law that will steer them through seven charges lodged against the California man.
Bankman-Fried, 31, testified during the monthlong trial that he did not defraud thousands of investors worldwide.
Earlier Thursday, Assistant U.S. Attorney Danielle Sassoon delivered a rebuttal argument, the last of closing arguments that began a day earlier.
“When Sam testified before you, he told you the truth, the messy truth, that in the real world miscommunications happen, mistakes happen, delays happen,” Cohen said.
Persons:
Sam Bankman, Fried, He’s, Judge Lewis A, Kaplan, he'd, Palo, Danielle Sassoon, ” Sassoon, FTX, “, Mark Cohen, ” Cohen, Sam, ”
Organizations:
U.S, Alameda Research
Locations:
York, Manhattan, California, New York, Bahamas, Palo Alto , California, Alameda