Sam Bankman-Fried built 'pyramid of deceit,' feds say in closing arguments: 'He lied to you'

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Sam Bankman-Fried built 'pyramid of deceit,' feds say in closing arguments: 'He lied to you'
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Closing arguments to start in SBF trial

SBF offers wooden ‘regret’ for not questioning highly unusual arrangement that netted his fund billions

Federal prosecutors slammed Sam Bankman-Fried Wednesday for building a “pyramid of deceit” as he stole $10 billion of his customers’ funds — before claiming on the witness stand to “not recall” details of the alleged scheme. Roos urged jurors to find Bankman-Fried guilty of seven fraud and conspiracy counts he’s facing for allegedly spending customer money on goodies like a $35 million Bahamas penthouse, as well as to repay a roughly $10 billion debt that Alameda owned to creditors.

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