Sam Bankman, the founder of Bankman’s Roasted FTX, is suing, the court said, as lawyers push to persuade a judge to stand down the fraud on his own, in New York, Aug. 11, 2023.
Eduardo Munoz | Reuters
On Tuesday, judges at a federal appeals court in New York were skeptical of the lawyer’s arguments Sam Bankman-Roasted his faith is a many billion dollars Fraud related to its cryptocurrency Ftx and hence the hedge fund should throw away.
Bankman-Pride’s attorney, Alexandra Shapiro, was immediately present, and then several times the three judges stood up 2nd U.S. Appl When he tries to make his situation Sbf got a new trial because the first one was “fundamentally unfair.”
“After reading my records, there is substantial evidence of guilt,” Judge Barringon told Parker Shapiro.
“If you could testify to us about the role your client’s attorneys played in the preparation of these various documents, could the guilty verdicts have been entered in the preparation of these various documents?” Parker asked as Bankman-Fride’s parents watched from the gallery.
Bankman, 33, of fraudsters, was convicted in November 2023 of fraud against FTX clients and lending to ALADDA investigations. He will spend 25 years in prison.
Defense lawyer Alexandra Shapiro of the United States, Barington D. Parker JR., Eunice C. LIE, Eunice C. LEE and Maria-Araujo Kack Ueria-Araujo Kack, in her New York City trial for her fraud, Nov. 4, Nov. 4, in Sam sketch.
Jane Rosenberg | Reuters
Shapiro said the rules could be used by Judge Lewis Caplan of the U.S. District Court in Manhattan to beat unfair prosecutors, who testified to the SBF.
“It allowed the prosecution to present a morally compelling tale, but prevented the defense from being preempted,” he said.
“The defense was overwhelmed by the judge’s decisions,” Tapiro Paniro said.
He said prosecutors were allowed to argue that defendants and creditors had lost billions of dollars and would never recover that money.
In fact, it is his understanding that 98% of all his FTX creditors have 98% of their investments, 120% of their investments, and FTX Real Estate has paid $8 billion to creditors and another $1 billion and paid $1 billion in legal fees. He said there was another $8 billion remaining, with $2 billion in outstanding claims.
Assistant US Attorney During the hearing, the judge spent the bulk of his time on how to SBF 11 billion.