Damning Twitter messages from Bankman-Fried

Twitter Messages from Bankman-Fried Revealed in SBF Trial Prosecution

SBF Trial uncovers incriminating Twitter messages from Bankman-Fried.

In the courtroom drama of Sam Bankman-Fried’s fraud case, the prosecution revealed some juicy messages that the fallen crypto founder had sent via Twitter. And let me tell you, they are quite damning!

The investigative analyst from the Southern District of New York, Shamel Medrano, took the witness stand and brought these incriminating messages to light. Bankman-Fried’s direct messages to Vox journalist, Kelsey Piper, were the talk of the town after FTX collapsed.

In one message, Piper asked Bankman-Fried about doing unethical sh-t for the greater good. And guess what his response was? He said it wasn’t worth it! But that’s not all, folks. He also confessed to making dumb statements that were downright untrue. And to top it off, he expressed his sympathy for those who got f-cked over by it. How considerate!

And that’s not where the fun ends. Bankman-Fried couldn’t resist taking a jab at cryptocurrency regulations. He claimed that no one out there was making good things happen or preventing bad things from happening. According to him, his involvement in the regulatory sphere was just PR. And then he dropped the bomb. He exclaimed, “f-ck regulators!” Ain’t he a rebel?

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But wait, there’s more! Bankman-Fried spilled the beans on how his co-founder, Gary Wang, and FTX’s head of engineering, Nishad Singh, were handling the company’s demise. He said Gary was scared, while Nishad was ashamed and guilty.

Curious to know why Nishad was feeling so guilty? Well, Piper had the same question. And Bankman-Fried’s response was a simple “Yea.” It turns out, all the customer deposits had magically disappeared. Oopsie!

When Piper published all this juicy information, Bankman-Fried got a little panicked. He timidly asked her to take down the story because he believed he was not on the record. Seriously, dude? Did you really think there wouldn’t be repercussions for your actions?

The defense pokes holes in the prosecution’s case

In the midst of this courtroom rollercoaster, the defense lawyers finally got their chance to shine. They cross-examined two important witnesses – accounting professor Peter Easton and FBI forensic accountant Paige Owens. And they didn’t hold back!

Professor Easton, the accounting guru, claimed that the funds in Alameda Research and FTX’s accounts were way less than the liabilities they owed to customers. According to him, customer funds were utilized for various expenditures. But the defense wasn’t buying it. They accused Easton of miscalculating Alameda Research’s debts by not considering FTX customer accounts. Talk about a rookie mistake!

And that’s not all. The defense targeted Owens’ “last in first out” accounting method, claiming it could lead to inconsistent results. They even pointed out a potential error in her analysis. Looks like the defense is giving the prosecution a run for their money!

Overall, it was a good day for the defense. They successfully sowed doubt in the prosecution’s case, leaving the room buzzing with anticipation for what’s to come.

Judge Kaplan scolds counsel

Just when you thought things couldn’t get any juicier, tensions escalated in the courtroom. Judge Lewis Kaplan had had enough of the prosecution and defense’s antics during the examination of witness Cory Gaddis, a records custodian for Google.

Gaddis’s purpose in the trial was unclear, yet he was brought all the way from Texas to testify about one piece of inconsequential evidence related to Google metadata. Judge Kaplan didn’t mince words when he scolded both sides for this unnecessary spectacle. He called Gaddis a mannequin and deemed his presence unreasonable. Ouch!

Judge Kaplan didn’t hold back. He expected better behavior from the counsel. And rightly so. This is a courtroom, not a circus!

And with that intense scolding, the trial adjourned for the week, leaving us all on the edge of our seats, eagerly awaiting the next thrilling chapter in this legal battle.

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Hey investors, did you enjoy this courtroom drama? It seems like Sam Bankman-Fried’s Twitter messages have landed him in hot water. But let’s not forget the defense’s strong counter-arguments and Judge Kaplan’s stern scolding. The plot thickens, my friends!

Stay tuned for more exciting updates next week. Feel free to share your thoughts in the comments. Did you find Bankman-Fried’s Twitter messages as jaw-dropping as we did? And what do you make of the defense’s persuasive tactics? Let’s discuss!

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