Government lawyers have marshaled damaging testimony from multiple insiders, backed by documentary evidence, depicting the former cryptocurrency mogul as the architect of a scheme to siphon billions of dollars in customer funds toward lavish personal expenses and risky investments. And Bankman-Fried’s legal team has so far failed to raise serious questions about the credibility of the prosecution’s witnesses or their accounts, these experts say.
“The case has turned out to be not only as strong as it was expected to be but, if anything, stronger,” said Samuel Buell, a former federal prosecutor and a law professor at Duke University. “Defense lawyers can’t make strong evidence go away. I don’t know where they go from here.”
‘Enforcement 40’ for 2020
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