LegalEagle's breakdown: how Sam Bankman-Fried's defense crumbled in court

Originally published at: Crypto Mogul's Fall from Grace Explained


It turns out that Bankman’s and Fried’s Very Special Boy wasn’t the disheveled fintech quant genius he presented himself as to the press but just another swindler who couldn’t con a judge and jury.


It really doesn’t help that saying “I don’t recall” isn’t any sort of a defense when the prosecutor comes with all the appropriate receipts. (But it does make for some hilarious reading of court transcripts.)


You can bullshit your scam to the average idiot, but it is a lot harder in court.

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