Prosecutors and defense in Sam Bankman-Fried’s criminal trial began to make opening statements at a Manhattan courthouse this afternoon. Members of the press spotted Bankman-Fried’s parents arriving at the courthouse ahead of the final jury selection.
The final stages of jury selection started at 9:30 a.m. Eastern Time, where Judge Lewis A. Kaplan questioned several candidates on their occupations, roommates, and children. One 47-year-old high school librarian said they lived with their cat, while a 28-year-old claimed to have two roommates.
Judge Declines Defense’s Peremptory Strike
The court was expected to take a recess at around 12:30 p.m., after which the jury selection was finalized. The defense proceeded with opening statements before the court adjournment at around 4:30 p.m.
According to a Reuters report, defense attorney Marc Cohen said his client “reasonably believed” that loans to the Alameda hege fund were legitimate.
The Reuters story went on to quote Cohen: “There was no theft. Sam didn’t defrauf anyone. Sam didn’t intend to defraud anyone. Sam acted in good faith.”

Go to Source to See Full Article
Author: David Thomas