Prosecutor Says Sam Bankman-Fried Stole Money, Lied to Jurors on the Stand


Updated Nov. 1, 2023 10:36 am ET

Prosecutors began their final pitch to the jury that will decide the fate of Sam Bankman-Fried by highlighting the thousands of people who lost billions of dollars in the collapse of crypto exchange FTX.

Almost a year ago, thousands of people were trying to withdraw their investments, their savings and nest eggs from the once flourishing crypto exchange, Assistant U.S. Attorney Nicolas Roos told jurors in his closing argument on Wednesday.

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