The prosecution of Sam Bankman-Fried, accused of engineering “one of the biggest financial frauds in American history,” would appear to be an open-and-shut case, which is perhaps why most members of S.B.F.’s inner circle at FTX—Caroline Ellison, Gary Wang, Nishad Singh—have accepted plea deals with the Justice Department. The 13-count indictment lays out in meticulous … Continue reading S.B.F.’s Varsity Blues Defense