During Sam Bankman-Fried's cross-examination on Monday, the disgraced FTX founder seemd to suffer from memory loss and evaded prosecutions questions.
NEW YORK, NEW YORK - JULY 26: FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance on July 26, 2023 in New York City. Bankman-Fried appeared for a bail hearing after federal prosecutors accused him of witness tampering after leaking the personal writings of Caroline Ellison, his former girlfriend and business partner. .
In one instance, Sassoon brought up a prior statement made by Bankman-Fried to a journalist suggesting that Alameda, his trading firm, did not have special privileges on his cryptocurrency exchange,was pulled up from evidence, quoting Bankman-Fried misleadingly calling Alameda “a neutral piece of market infrastructure.” Sassoon asked, “Do you deny saying it?” Bankman-Fried responded, “I’m not saying I didn’t say that.” Spectators in the courtroom groaned.
When confronted with a difficult question, Bankman-Fried would often rely on his vast vocabulary of weasel phrases.
Bankman-Fried’s somber cross-examination is a distinct shift from his earlier direct testimony, where he seemed almost chipper. On Friday, Bankman-Fried eagerly answered softball questions lobbed by his defense attorney. He even cracked sly jokes, including when asked about his uniform of T-shirts and cargo shorts . Today, for the first time, Bankman-Fried looked anxious on the stand, rocking back and forth in his chair like a schoolboy getting a stern scolding from his teacher.
Last Thursday, Bankman-Fried took to the stand in a dry-run testimony without the presence of the jury. The goal was to let the judge decide whether or not to let the jury hear certain lines of questioning. Even then, Bankman-Fried’s verbal antics were clear. In the words of Judge Kaplan: “The witness has what I’ll simply call an interesting way of responding to questions.
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