Prosecution in SBF Trial Reveals Telling Twitter Messages from Bankman-Fried
The prosecution in Sam Bankman-Fried's landmark fraud case revealed several telling messages the fallen crypto founder had via direct message through Twitter.
The prosecution called investigative analyst for the Southern District of New York, Shamel Medrano, to the witness stand, where he was presented with a number of incriminating messages Bankman-Fried wrote to Vox journalist, Kelsey Piper, on Twitter shortly after FTX collapsed.
In one particular message, Piper brought up a conversation she had with the now disgraced FTX founder on "whether you should do unethical sh-t for the greater good.' At the time, Bankman-Fried replied it was not worth it before going on to allege he said lots of "dumb" statements that were "not true."
"I feel bad for those who get f-cked by it," Bankman-Fried wrote.
Bankman-Fried then touched on the lack of regulation in the cryptocurrency industry, telling Piper "there's no one really out there making good things happen or preventing bad things from happening." He went on to claim that his involvement in the regulatory sphere was "just PR" before writing "f-ck regulators."
When discussing how FTX co-founder, Gary Wang, and FTX's head of engineering, Nishad Singh, were reacting to the company's demise, Bankman-Fried wrote that "Gary is scared, Nishad is ashamed and guilty."
"Ashamed and guilty cause all the customer deposits are gone?" Piper asked.
"Yea," Bankman-Fried wrote back.
When Piper published the information, Bankman-Fried asked her to take down the story as he believed he was not on record.
Wednesday afternoon proved productive for the defense lawyers as they cross-examined both accounting professor, Peter Easton, and FBI forensic accountant, Paige Owens.
Easton, a renowned accounting
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