Shapiro Interviewed by Fox Business Concerning Bankman-Fried Trial
Glaser Weil Partner Robert Shapiro was interviewed by Fox Business concerning the trial of Sam Bankman-Fried, the former head of the cryptocurrency exchange FTX who was found guilty on all federal fraud and conspiracy charges on November 2, 2023.
Shapiro's insights provide a valuable legal perspective on this high-profile case:
- Explaining the judge's decision to expedite proceedings, Shapiro highlighted that while this was a complex case, it was factually quite simple. In these situations, juries typically make a quick determination on the defendant's credibility and likeability.
- When asked whether he would have put Bankman-Fried on the stand to testify, Shapiro underscored the challenges that presents. He noted that when Bankman-Fried or any client testifies, the reality is the argument of reasonable doubt no longer exists and the jury will make a decision based on whether the defendant is likeable, honest and straightforward.
- Regarding Bankman-Fried's Fox Business interview, Shapiro emphasized the need for clients to rely on skilled attorneys to speak on their behalf. He shares his own philosophy with his clients: “If you talk, I walk.”