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“However, as we approach the defense case and the critical decision of whether Mr. Bankman-Fried will testify, the defense has a growing concern that because of Mr. Bankman-Fried's lack of access to Adderall he has not been able to concentrate at the level he ordinarily would and that he will
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Things SBF's Defense Lawyers Should be Freaking out About Source
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"This witness who's on the stand made a personal investment in Anthropic and has knowledge of the company's investment in Anthropic, and so in the event that the Court deems this admissible, it might be an issue that we want to raise with her," said the prosecutor, Danielle Sassoon. "We
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Former FTX CEO Sam "SBF" Bankman-Fried has been on trial since Oct. 3 in a federal court in New York, accused of seven counts of fraud and conspiracy to commit fraud on FTX investors and customers. As expected, the Department of Justice (DOJ) is employing a forceful legal approach to
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The FTX app and terms of service both told customers that the money they put on the exchange was being kept for them "as if they were sitting right there" – but, in reality, Bankman-Fried diverted those funds to "smaller and secretive company" called Alameda Research and spent them on
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The defense wants clarity about whether it can argue that FTX, a big crypto exchange that collapsed last year, was not regulated in the U.S., though FTX.US did follow applicable rules, according to a Monday filing. Other questions include whether Bankman-Fried would be able to discuss the possibility that FTX
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In his ruling, the judge said the phrasing of the various filings raise questions about "what would constitute 'undue' focus on attorney involvement," "what could suggest inappropriately that attorneys had 'blessed' a particular course of conduct" and what legal theory would allow evidence that met the first two questions. Original Source
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Sam Bankman-Fried's attorneys objected to some of the U.S. Department of Justice's proposed voir dire questions in a late Friday filing, saying they may miss potential juror bias or otherwise lead to jurors making assumptions about the case. Source
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European artificial intelligence (AI) defense company Helsing revealed on Thursday, Sept.14, that it secured $223 million (approximately 209 million euros) in Series B funding, with General Catalyst, a venture capital firm, taking the lead. Swedish aerospace and automotive manufacturer Saab also participated as a strategic investor.The company emphasized its commitment
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Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried's right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's planned testimony. Source
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