Bitcoin24h $90,442.88+0.29%

Ethereum24h $3,085.34+0.54%

XRP24h $2.09+0.31%

BNB24h $908.62+1.82%

Solana24h $135.90+0.32%

TRON24h $0.2999+0.45%

Dogecoin24h $0.1398+0.06%

Cardano24h $0.3899-0.21%

Bitcoin Cash24h $642.81+2.10%

Chainlink24h $13.21+0.88%

Conspiracy theorists should accept that SBF is likely going to prison

Many people still believe that, despite a disastrous trial so far, Sam Bankman-Fried will soon walk free. Here’s why he most probably won’t.

Sam Bankman-Fried just failed the most important exam of his life

In cross-examination, FTX founder Sam Bankman-Fried came off as evasive — to the point that Judge Kaplan called him out.

Bankman-Fried’s trial is now more about how many people he can take with him, and whether he can sink a boat or two before exploding himself.

Bankman-Fried crumbled under cross-examination, stumbling, mumbling, avoiding questions, and saying he “did not recall” key details.

It appears that, for fallen FTX wonder boy Sam Bankman-Fried, stealing funds from customers was purely rational.