In this episode of Unchained, Laura does a detailed unpacking of the historic Sam Bankman-Fried trial and verdict with defense lawyer Sam Enzer and former Southern District of New York prosecutor Rich Cooper. They discuss what a thorough job the government did in presenting its case, whether the government will pursue a second trial on campaign finance charges, why it takes so long for sentencing to occur, what the differences between this case and the Bernie Madoff case are, and what Bankman-Fried’s likely sentence will be.
- how the cross-examination of SBF showed to the jury that he was unreliable, according to Rich
- why the charge conference with the jury is important to the prosecution for “protecting the record”
- why the closing argument of the prosecutors was so effective
- what “conscious avoidance” is and how the prosecutors tried to prove that SBF was guilty of that
- why SBF’s tweet last November that “FTX is fine” was the hardest part of the trial for the defense, according to Enzer
- why Enzer wasn’t surprised by how quickly the jury made its decision
- what SBF’s strongest argument is for an appeal
- why Enzer “hopes” that there won’t be a second trial against SBF and whether he will plead guilty to the additional charges
- why the sentencing occurs so many months after the verdict
- how this case is similar, but also different, from the Bernie Madoff case
- how many years SBF could spend in prison, according to Enzer and Cooper
- when cooperating witnesses such as Caroline Ellison, Nishad Singh, and Gary Wang are likely to get sentenced
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- Sam Enzer, partner at Cahill Gordon & Reindel.
- Previous appearances on Unchained:
- Why SBF’s Testimony So Far Has Likely Already Doomed Him
- Another Bad Week for Sam Bankman-Fried in His Criminal Trial
- Why These Lawyers Say It’s Over for SBF-But His Only Hail Mary Is to Testify
- SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
- SBF’s Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?
- Previous appearances on Unchained:
- Rich Cooper, Former SDNY prosecutor
- Previous coverage by Unchained on the trial of Sam Bankman-Fried:
- How Heated Sidebars During the SBF Trial Could Impact the Jury’s Decision
- SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family
- SBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied’ While Defense Claims His Actions Were ‘Reasonable’
- SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact
- SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges
- Sam Bankman-Fried Trial: Here’s Everything That Happened So Far
- SBF Trial, Day 5: SBF’s Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?
- SBF Trial, Day 6: Caroline Ellison Recalls ‘The Worst Week of My Life’
- SBF Trial, Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?
- SBF Trial, Day 8: Former BlockFi CEO Adds Credibility to Fraud Charges
- SBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender
- SBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh’s Testimony
- SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole
- SBF Trial, Day 12: Former FTX General Counsel Speaks Out Against SBF
- SBF Trial, Day 13: Before Judge, Former FTX CEO Sam Bankman-Fried Gives Few Straight Answers
- SBF Trial, Day 14: Sam Bankman-Fried Casts Blame on Others for Key Decisions at FTX
- SBF Trial, Day 15: Prosecutors Hammer Bankman-Fried’s Contradictions With Reams of Evidence
- SBF Trial, Day 16: In Final Cross Examination, SBF Gets Caught Again by His Own Words
- SBF Trial, Day 17: Closing Arguments Ask: ‘Villain or Good-Faith Actor?’
- SBF Trial, Day 18: Sam Bankman-Fried Found Guilty on All 7 Counts in Swift Verdict
- Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?
- Katie Haun’s thoughts on the sentencing
- Protos: Sam Bankman-Fried caught deleting more tweets that aged like milk