Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-Fried

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Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-Fried
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NEW YORK (AP) — In a closing argument, a prosecutor told a New York jury Wednesday to follow overwhelming evidence and the “pyramid of deceit” that FTX...

NEW YORK — In a closing argument, a prosecutor told a New York jury Wednesday to follow overwhelming evidence and the “pyramid of deceit” that FTX founderAssistant U.S.

Extradited from the Bahamas to New York, he was freed on a $250 million personal recognizance bond with electronic monitoring to ensure he remained at his parent's home in Palo Alto, California, until August, when Judge Lewis A. Kaplan jailed Bankman-Fried after concluding that he had tried to influence prospective trial witnesses.

Roos told jurors that if they believe even one of the four former executives who testified against him, they must convict Bankman-Fried. All four said the money from customers was stolen at the direction of Bankman-Fried. Warning: This story contains distressing details.A Calgary man pleaded guilty to criminal negligence causing bodily harm in the case of his four-year-old stepdaughter, who suffered life-altering injuries.Tyler Laberge, 37, was handed a two-year prison term after prosecutor Aleksandra Simić and defence lawyer Yoav Niv presented a joint recommendation to Justice Anne Brown as part of a plea deal.

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