Bankman-Fried's Media Blitz Backfires as Prosecutors Use Interviews Against Him in Court
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Sam Bankman-Fried went on a media blitz after FTX collapsed, against the advice of his lawyers. He spoke to numerous journalists.
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Prosecutors used Bankman-Fried's interviews as evidence during cross-examination, confronting him with his past statements.
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Bankman-Fried had a habit of deleting written communications but was very open in interviews.
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His friendly media persona previously helped promote FTX but came back to haunt him in court.
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Admitting things like Alameda having special privileges contradicted his testimony. More prudence could have helped his case.