SBF TRIAL: Inside Sam Bankman-Fried's Trial Defense Episode 4

FTX founder Sam Bankman-Fried is a lot of things — but he’s not Bernie Madoff.

It's an important distinction, and one that will have to land with the jury at trial if SBF's legal team is going to have a chance at defending against the seven charges he's facing.

The good news: Even Bernie Madoff's former prosecutor, Marc Litt, knows this case isn't a repeat of the multibillion-dollar fraud perpetrated by America's most infamous fraudster.

The bad news: Fraud is still fraud.

"The case isn't about cryptocurrency — it's about, again, representations made and not kept. It's about taking money from one pocket and using it for purposes of another company in another pocket without the investor knowing that, and with taking efforts to conceal that. That's not hard for a jury to understand," Litt said.

In the fourth episode of our investigation into the SBF’s upcoming trial defense, we dig into how Sam Bankman-Fried could walk free.

You can read and watch Coinage’s full reporting on SBF’s legal defense at Coinage.Media. Watch our full trial coverage at https://www.coinage.media/sbf-trial

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Credits: Wondercraft AI Voice, Coinage and CoinDesk.