David Mills, the Stanford University law professor who oversaw Sam Bankman-Fried‘s (SBF) defense during his recent fraud trial, acknowledged that the case was “almost impossible to win” during a Dec. 12 interview with Bloomberg.
According to Mills, the prosecution’s robust lineup of witnesses, which included key FTX insiders like Caroline Ellison, Gary Wang, and Nishad Singh, significantly tilted the case against the fallen crypto mogul.
“I thought it was almost impossible to win a case when three or four founders are all saying you did it. Even if they’re all lying through their teeth, it’s really, really hard to win a case like that.” Mills remarked.
Mills also characterized SBF as a problematic witness under cross-examination, highlighting that SBF repeatedly disregarded legal counsel’s strategies for addressing questions during the cross-examination process.
Mills underscored the importance of his proposed defense strategy for SBF, which was to acknowledge the allegations against him, hinting at a compelling narrative that could unfold from this admission. Mills acknowledged that Bankman-Fried had difficulty accepting this strategy. The challenge of opposing the testimonies of five individuals with just one counter-argument became even more strenuous due to SBF’s frequent straying from the prearranged defense strategy.
SBF’s trial occurred in October, nearly a year after FTX’s bankruptcy filing. The exchange founder was found guilty on all seven counts and faces more than 100 years in pr
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Author: Oluwapelumi Adejumo