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"Friedberg, the chief regulatory officer of FTX International, in combination with Fenwick & West, one of our outside law firms, was – were the ones who drafted the incorporation documents, had incorporated and also corresponded with banks about opening up bank accounts for it," Bankman-Fried said about North Dimension on
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Attorneys representing the United States Justice Department rested their case against Sam “SBF” Bankman-Fried after more than three weeks of expert witnesses and testimonies from former FTX and Alameda employees. According to reports from the courtroom on Oct. 26, the U.S. government’s last witness before resting was FBI agent Mark Troiano,
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Prosecutors intend to rest their case on Thursday, at which point SBF's defense lawyers will begin calling witnesses -- including Sam Bankman-Fried himself, possibly as soon as later in the day. Source
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A Wednesday defense filing asked Judge Lewis Kaplan, who's overseeing the case, to grant the defense attorneys permission to ask Bankman-Fried about certain aspects of FTX's operation and how the company's counsel were involved in making those decisions. They include FTX's use of auto-deletion policies for Signal and Slack messages,
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Mark Cohen, lead attorney for the defense in United States v Sam Bankman-Fried, said his client will take the stand and testify at a New York federal courthouse during the fraud trial for FTX’s collapse. FTX founder Sam Bankman-Fried is one of four witnesses set to testify under oath sometime between
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Former 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
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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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The second week of the criminal trial for former FTX exchange CEO Sam “SBF” Bankman-Fried continues on Oct. 10, with all eyes on the testimony from key witness Caroline Ellison. Ellison is a former romantic partner of SBF and the former CEO of the FTX-affiliated hedge fund Alameda Research, which also
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Musk blamed the SEC and the Biden Administration for constant scrutiny into his Twitter acquisition while expressing his confusion and frustration in the matter. On Thursday, October 5, the US Securities and Exchange Commission (SEC) sued Elon Musk in order to force him to testify about the acquisition of Twitter
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A young entrepreneur who made mistakes while running a crypto empire or a liar who stole and used people’s money to enrich himself? In the first hours of Sam “SBF” Bankman-Fried’s six-week trial, that was the tone between his defense counsel and the prosecution.The former FTX CEO is facing a
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