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The Journal.

The Trial of Crypto’s Golden Boy: Closing Arguments

The Journal.

The Wall Street Journal

Business News, Daily News, News

4.25.8K Ratings

🗓️ 2 November 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Both the prosecution and the defense make their final pitches to the jury as FTX founder Sam Bankman-Fried’s trial comes to a close. Rachel Humphreys and Caitlin Ostroff unpack closing arguments and look ahead to the trial’s conclusion. Further Reading: - What’s Happening Today at the Sam Bankman-Fried Trial Further Listening: - The Trial of Crypto’s Golden Boy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We are recording this a bit later in the evening than usual with some pizza here in the studio

0:14.4

because we had a long day at court today, we got there in the dark and we left in the dark

0:19.5

and that's because today we heard the closing arguments in the trial of Sambitement freed.

0:23.9

We got to hear from the prosecution and the defence.

0:27.0

Yeah, and Judge Rose Kaplan was determined that we would get through closing arguments

0:30.7

today. He kept us there about an hour and a half later than we usually get out.

0:35.2

But it started off with a nearly four hour long speech from prosecutor Nicholas Vose

0:40.7

and it was riveting. Vose was working really hard to drive home the idea that

0:45.8

Bankman freed was at the centre of the alleged fraud. And on top of that,

0:50.7

Vose called Bankman freed a liar, even saying that the testimony he gave to the jury

0:55.9

over the course of three days was a lie. But then this afternoon we got to hear the other side

1:01.2

Mark Cohen, the lawyer for the defence, gave us a very different version of events, didn't he?

1:07.1

Yeah, and Cohen's arguments felt completely different. He told the jury that the government had

1:12.7

made Bankman freed out to be a sort of cartoon villain and they needed to look again at the evidence

1:18.1

in a new way. And Cohen ended on an emotional note in the courtroom with a plea to the jurors.

1:25.0

You know, we ask you to find our client, Bankman freed, not guilty.

1:33.1

From the journal, this is the trial of crypto's Gordon Boy.

1:36.2

I'm cute on our staff and I'm Rachel Humphries.

1:43.0

Coming up, a final pitch to the jury.

1:55.0

I just wanted to put it on the record that we discovered a new feature at the court today,

2:13.6

which is if you go into the cafeteria in the morning, you can order a homemade pie to be made

2:20.6

by lunchtime, which we did today. A blueberry pie, it was delicious and an unexpected bonus

...

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