Sam Bankman-Fried in an Oct. 31, 2023, courtroom sketch. REUTERS/Jane Rosenberg
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Sam Bankman-Fried’s fraud trial has given an unprecedented window into how a group of graduates from elite U.S. universities in their late 20s and early 30s tried, and ultimately failed, to avert one of the biggest and swiftest corporate meltdowns ever. Now, SBF’s fate could hinge on how jurors view his actions in the 10 days before the FTX‘s collapse nearly one year ago. Read more.
SBF thought he could get away with stealing billions of dollars from the cryptocurrency exchange’s customers and that the “rules did not apply to him,” a prosecutor told jurors on Thursday as the fraud trial drew to a close. The 12-member jury is set to begin its deliberations this afternoon.
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