SBFs lawyer completed the closing argument and insisted on defending SBF not guilty.

Odaily News SBF attorney Mark S. Cohen completed his closing argument in court on Wednesday evening local time, seeking the court and jury to confirm that SBF always acted in good faith during the operation of FTX and Alameda Research, so it cannot be convicted of fraud. . Regarding the events and decisions that led to FTXs bankruptcy last November and the revelation that Alameda misappropriated billions of dollars in customer funds from the exchange, Cohen offered what he called an alternative history rather than the prosecutors version. Sam (SBF) went to great lengths to start and run two multi-billion dollar businesses in new markets, Cohen said in an emotional closing argument to jurors. Some decisions turned out well and some decisions turned out badly. Oops. It also stated that it was real-world miscommunication, errors and delays that caused damage to FTX and related companies, rather than intentional fraud. (CoinDesk) Yesterday’s news, in the SBF case in New York on November 1, prosecutors claimed in their closing arguments that they were guilty of fraud and conspiracy to commit fraud. Prosecutor Nicolas Roos noted: This is fraud, plain and simple. Before FTX, there was Alameda. SBF faces seven counts of fraud and conspiracy to commit fraud, and if convicted, he could face up to 115 years in prison. A decision in the case will be made by a 12-person jury in the coming days.