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personpersonNicolas RoosNicolas RoosAssistant United States Attorney who represented the government in the federal prosecution of Samuel Bankman-Fried.← All People
Prosecution· United States Attorney's Office for the Southern District of New York

Nicolas Roos

Assistant United States Attorney who represented the government in the federal prosecution of Samuel Bankman-Fried.

3,455 lines·41 proceedings

About

Served as an Assistant United States Attorney for the prosecution, examining government witnesses and delivering the government's closing argument. His examination work included portions of Gary Wang's direct testimony on Days 3 and 4 and redirect on Day 5, portions of Zac Prince's direct testimony on Days 7 and 8 and redirect on Day 8, portions of Nishad Singh's direct testimony on Day 9 and redirect on Day 10, and Peter Douglas Easton's redirect on Day 11.

In the Day 18 closing, Roos organized the government's case around two asserted means by which Alameda used FTX customer assets: undisclosed account privileges on the exchange and customer fiat deposits routed to Alameda bank accounts. He cited code records, spreadsheets, metadata, financial tracing, public statements, and witness testimony to argue that Bankman-Fried knew about the multibillion-dollar shortfall, continued spending customer assets, concealed the situation, and sent misleading assurances during the November withdrawal crisis.

Roos connected that evidence to the seven charged offenses involving FTX customers, Alameda lenders, FTX investors, commodities fraud, and money laundering. He contrasted Bankman-Fried's public claims and trial testimony with the government's evidence, rebutted the defense theories of good faith, eventual repayment, and spot margin, acknowledged the government's burden of proof and the controlling role of the court's instructions, and requested guilty verdicts on every count. These were arguments presented to the jury rather than court findings.

Attorney insights (5)

Federal Criminal Trial41
Focus

Delivered the government's Day 18 closing argument, tying code, spreadsheets, metadata, financial tracing, public statements, and witness testimony to the charged offenses. He argued that Bankman-Fried knew of the customer-fund shortfall, continued spending and concealment, and sent misleading assurances during the withdrawal crisis. He also addressed the defense theories of good faith, eventual repayment, and spot margin, while acknowledging that the court's instructions controlled and that the government bore the burden of proof.

Supporting record (1)
Credibility challenge

In closing, argued that Bankman-Fried's testimony and public assurances conflicted with evidence concerning Alameda's exceptional account access, negative balances, the customer-fund shortfall, and decisions made during the November withdrawal crisis. This was the government's argument to the jury, not a judicial finding about credibility.

Supporting record (1)

Trial Record (41)

FederalFederal Criminal TrialOct 3, 2023 – Nov 2, 2023

Examined several government witnesses and delivered the Day 18 government closing argument. He framed the evidence as showing that Bankman-Fried knowingly enabled Alameda's use of FTX customer assets, concealed the resulting shortfall, and committed the seven charged offenses.

Day 1

Day 3

Day 4

Day 5

Day 6

Day 7

Day 8

Day 9

Day 10

Day 11

Day 12

Day 14

ProceduralAdvice-of-Counsel Evidentiary Hearing8lines spoken

Summary

The defense sought to present lawyer-consultation and industry-practice evidence without asserting a formal advice-of-counsel defense; the government challenged its relevance, and the court reserved its rulings while flagging a possible instruction about a denied subpoena.

Day 15

Day 16

Day 17

Day 18

ClosingGovernment Closing Argument — Nicolas RoosNicolas Roos3highlights44lines spoken

Summary

Nicolas Roos argued that Bankman-Fried knowingly used FTX customer assets through Alameda, concealed the resulting shortfall, misled customers, lenders, and investors, and was guilty on all seven charges.

Highlights (3)

evidence eventRoos argued that Alameda received two undisclosed paths to customer assets: special FTX account privileges and direct receipt of customer fiat deposits.Open in transcript →
otherRoos mapped the government's evidence to the customer, lender, investor, commodities, and money-laundering charges while repeatedly deferring to the court's final legal instructions.Open in transcript →
otherRoos concluded by asking the jury to reject Bankman-Fried's account and return guilty verdicts on all charges.Open in transcript →

Day 19