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FTX's Bankman-Fried built 'pyramid of deceit,' US says in closing argument, as defense decries 'monster' portrayal

By Samuel Rubenfeld ( November 1, 2023, 23:09 GMT | Insight) -- FTX co-founder Samuel Bankman-Fried stole billions of dollars from customers of his cryptocurrency exchange and knew it was wrong, prosecutors said in their closing argument at his fraud trial, while the defense — in their final statement — challenged the government’s portrayal of him as a “villain” or a “monster.”FTX co-founder Samuel Bankman-Fried stole billions of dollars from customers of his cryptocurrency exchange and knew it was wrong, prosecutors said in their closing argument at his fraud trial, while the defense — in their final statement — challenged the government’s portrayal of him as a “villain” or a “monster.”...

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