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Prosecutors in the ongoing trial of FTX founder Sam Bankman-Fried have likened defense arguments to a scene from the comedy movie “Dumb and Dumber.” The trial, presided over by Judge Lewis Kaplan in Manhattan, centers on alleged fraudulent activities by the cryptocurrency exchange.
The prosecution objected to several jury instructions provided by the defense team, CNBC reported. One particular directive reminded prosecutors of the 1994 comedy, leading to the analogy.
The defense argues that FTX customers, after depositing funds, received a credit to transact on the exchange, and therefore retained the right to request an equivalent withdrawal at a later time. Prosecutors,…
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