SBF is charged with seven counts of financial fraud related to the collapse of FTX last November.
Closing arguments for the criminal trial of Sam Bankman Fried , the disgraced founder of crypto exchange FTX, have officially concluded with U.S. Southern District of New York Judge Lewis Kaplan moving to jury instructions.
"The government need not prove that the victim actually was harmed, only that the defendant contemplated some harm," said Judge Kaplan."The defendant need not have participated in the scheme from the beginning."Daniel Friedberg, Judge Kaplan told jurors that"a lawyer's involvement does not in itself constitute a defense." Instead,"Intent may be inferred from circumstantial evidence.
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