SBF Trial, From the Courthouse: Government's Second Closing - SBF's Self-Incrimination

Transcript

hey everyone I'm going to make just a really quick video um so basically this morning Danielle Sassoon did the um the government's second closing statement and she kept it short she only spoke for like 45 minutes but there were a few um key arguments I think that I hadn't heard elsewhere so one thing is that she asked why it is that Sam chose Caroline to kind of help perpetrate some of the crimes or the alleged crimes and um she said you know look at their romantic relationship like why did he choose Caroline as his trusted Deputy um it was you know because in that relationship he had all the power and um

then she talked about how Caroline you know discussed the effect that it had on her to um you know starting especially with the loans to the lenders in the summer of 2022 um where Caroline had talked about how how that was some of the worst months of her life um when she knew that she was committing crimes um and that she was worried that people would find out um then there was one thing that I feel like was really new which is that um essentially there was one moment where Danielle sassin said basically that um what s SPF said in his own testimony indicates that he's guilty and she

brought up some legal Theory called conscious avoidance and she said so I'm sorry that I didn't manage to write down what that exactly means but um essentially um you know he'd been saying that uh there were there were safeguards for people's money um but there weren't actually and um he directed changes to the code that would treat alam's accounts as different from everyone else's um but that even if you follow his story where he says that he didn't know about the Fiat at liability until the fall of 2022 that that is evidence of conscious avoidance and that makes him guilty of these charges and she said even if you believe every word of his

unbelievable story um the fact that um you know at the point he found out about the fat liability that he didn't tell everybody and didn't come clean about it that he knew at that point that they had spent billions in customer deposits and he knew alam's uh the the way Alam had spent that money wasn't liquid that all of that adds up to conscious of avoidance so even if um the jury decides to believe spf's testimony that that makes him guilty of these charges so that was interesting I hadn't um heard that before um she basically said that at that moment that he claims that he finally did understand things that the other co-conspirators say that they knew

before that that makes him part of the conspiracy at that point and so therefore um he's guilty anyway um I'm just going to give you some quick updates also on the schedule so basically yes you're right I came out before lunchtime and the reason is because right now the judge is reading uh the I forget what it's called um the jury instructions and it's a 60-page document and he's literally reading it and I listened for a little while but then I just thought you know what I'm going to try to run home and take a nap because I am so tired um and it might be a late night um essentially he thinks that the jury is going to get the uh going to be able to start deliberations

at around like 2 or 2:30 and so um yes they will not only get free pizza but a choice of other kinds of food um and he arranged for them to get cars at 8:15 if it goes until 8:15 so um you know there's seven counts and um right now like I said he's walking through what bar the government excuse me the bar what bar the government has to meet in order for them to find Sam Pigman freed guilty of any of them so who knows how long it might take them um but since there's seven of them like it's probably not going to be uh just like 5 minutes or anything like that um but the point is anyway I just figured while he's reading this these

instructions I'm going to run home take a nap and then come back and I don't know how late I'll be here but um we'll see and who knows I don't know if they'll come up with a um with a verdict today um the main thing also is that we are not going to be coming here tomorrow so I personally feel like the jury is going to be motivated to wrap this up today so that they don't have to return on Monday but there are seven charges so I don't know I'm not sure if they'll be able to do it all um in the time that they have so anyway we'll see um but I will be back in the courtroom so that I can report on what happens and when it happens all right see you bye