Sam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument
Sam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument Original Source
Read MoreSam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument Original Source
Read MoreSam Bankman-Fried’s lawyers are pushing for the jury to weigh English law in FTX’s terms of service, aiming to dismiss some fraud charges against the exchange founder. Legal representatives for Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, have submitted a new filing in an attempt to persuade the jury to
Read MoreA set of filings from Sam Bankman-Fried's defense team late Monday shows his attorneys still hope to clarify that English law governed FTX's terms of service – which may have implications on the fraud charges. Original Source
Read MoreAnd why is it causing so much controversy in court? Original Source
Read MoreSam Bankman-Fried's defense team asked Judge Lewis Kaplan to let them introduce proof of inconsistent statements from former FTX executives Gary Wang and Nishad Singh, tied to their statements to federal officials prior to testifying on the stand. Source
Read MoreThose executives, including Caroline Ellison, Nishad Singh and Gary Wang, testified against him after pleading guilty to various crimes of their own, with the defense mostly mounting seemingly unimpressive cross-examinations in their bid to sow doubt about the strength of the witnesses' testimony. In a separate filing Wednesday, the defense
Read MoreFormer FTX CEO Sam “SBF” Bankman-Fried will testify as part of his defense case, said attorney Mark Cohen.In an Oct. 25 telephone conference between SBF’s lawyers, prosecutors and Judge Lewis Kaplan, Cohen said following the prosecution completing the presentation of its case on Oct. 26, his team planned to call
Read MoreWeeks ago, Bankman-Fried’s lawyers filed their proposed list of expert witnesses – a roster that included several law experts, a finance professor and a data analytics and forensics specialist. However, Judge Lewis Kaplan, who's overseeing the case, granted the prosecution’s request to bar those witnesses for a variety of reasons,
Read MoreThe court had previously agreed to let the defense start after lunch on Thursday, when the DOJ expected to call two or three witnesses, including an FTX customer and investor. The defense has proposed six witnesses to start its case, the filing said. The DOJ filing did not name any
Read More“Did you have a view that Alameda could borrow, so long as borrows weren’t in excess of assets?” Cohen asked Singh, clearly hoping for some variation of a “yes” answer. Singh, however, seemed to sense a trap. He answered obliquely: there were many “scenarios” where Singh didn’t think Alameda’s borrows
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