SBF Trial – Closing Summations – 1 Nov 2023

November 02, 2023

The evidence that the defendant knew that he was spending FTX customer money, though, I submit, is beyond dispute. When Ellison said, borrow from FTX, what she was referring to was borrowing from FTX customers using their deposits. Let’s talk about what each of the witnesses said about the secret ways set up at the defendant’s direction for taking customer money. That’s not your money; that’s customer money. 1, the first reason is the defendant’s purchase, his buying back of stock from Binance using customer money in 2021.

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