Sam Bankman-Fried's trial for his role in the FTX collapse is reaching its final stages, with the prosecution set to rest their case on October 26th. Bankman-Fried's defense team has yet to confirm if they will present a case, which would begin on October 26th if they choose to. Bankman-Fried’s lawyers have struggled to present a compelling narrative to jurors. The attorneys even missed crucial arguments during the cross-examination of his former closest friends, including Caroline Ellison, Nishad Singh, Adam Yedidia and Gary Wang. Cooperating with the government, the group accused Bankman-Fried of directing them to commit crimes. If convicted of fraud and conspiracy to commit fraud, Bankman-Fried could face up to 115 years in prison.
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00:00 Benzinga and here's what's on the block. Sam Bankman-Fried's trial for his role in the FTX
00:05 collapse is reaching its final stages with the prosecution set to rest their case on October 26.
00:11 Bankman-Fried's defense team has yet to confirm if they will present a case, which would begin on
00:17 October 26 if they choose to. Bankman-Fried's lawyers have struggled to present a compelling
00:22 narrative to jurors. The attorneys even missed crucial arguments during the cross-examination
00:28 of his former closest friends including Caroline Ellison, Nishant Singh, Adam Yadida, and Gary
00:35 Wang. Cooperating with the government, the group accused Bankman-Fried of directing them to commit
00:40 crimes. If convicted of fraud and conspiracy to commit fraud, Bankman-Fried could face up to 115
00:46 years in prison. For all things money visit Benzinga.com