The Evidence Sam Bankman-Fried’s Lawyers Didn’t Want Us to See

The post The Evidence Sam Bankman-Fried’s Lawyers Didn’t Want Us to See appeared on BitcoinEthereumNews.com. Throughout Sam Bankman-Fried’s criminal trial, the FTX founder’s lawyers have sought to preclude certain pieces of evidence. But U.S. District Judge Lewis Kaplan—who presides over Bankman-Fried’s court case—has permitted the jury to see and hear almost everything. The contested exhibits range from specific views of a marina in the Bahamas that Bankman-Fried’s apartment once overlooked, to a memo he penned for those at his trading firm Alameda Research on maintaining good vibes—along with audio snippets from Alameda’s last all-hands. Together, the exhibits, which were eventually shown to the jury, offer insight as to what Bankman-Fried’s lawyers appear sensitive toward in court. As the former crypto mogul’s six-week trial enters week three, more evidence will likely come under the same scrutiny. Bankman-Fried faces seven conspiracy and fraud charges that stem from his conduct at the helm of FTX. Among the accusations he faces, Bankman-Fried is charged with dipping into billions of dollars of customer funds at his exchange through Alameda to spend as he pleased. Sam Bankman-Fried’s Approximate List of What Matters Bankman-Fried’s lead lawyer, Mark Cohen of Cohen & Gresser, objected to a memo written by his client while former Alameda CEO Caroline Ellison was on the stand. According to Assistant U.S. Attorney Danielle Sassoon, the memo was “sent to both people at Alameda and people at Modulo about how the two companies should do a better job of working together.” Modulo Capital was backed by FTX and viewed as a competitor to Alameda, Ellison testified. Bankman-Fried’s memo was meant to illustrate how he made decisions for Alameda despite Ellison’s authority as CEO, prosecutors said, but Cohen objected to the document’s relevancy. “What conceivable relevance is it that he wrote these items, only to show that he’s some sort of crazy person?” Cohen asked Judge Kaplan at sidebar, outside the…

Oct 20, 2023 - 05:00
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The Evidence Sam Bankman-Fried’s Lawyers Didn’t Want Us to See

The post The Evidence Sam Bankman-Fried’s Lawyers Didn’t Want Us to See appeared on BitcoinEthereumNews.com.

Throughout Sam Bankman-Fried’s criminal trial, the FTX founder’s lawyers have sought to preclude certain pieces of evidence. But U.S. District Judge Lewis Kaplan—who presides over Bankman-Fried’s court case—has permitted the jury to see and hear almost everything. The contested exhibits range from specific views of a marina in the Bahamas that Bankman-Fried’s apartment once overlooked, to a memo he penned for those at his trading firm Alameda Research on maintaining good vibes—along with audio snippets from Alameda’s last all-hands. Together, the exhibits, which were eventually shown to the jury, offer insight as to what Bankman-Fried’s lawyers appear sensitive toward in court. As the former crypto mogul’s six-week trial enters week three, more evidence will likely come under the same scrutiny. Bankman-Fried faces seven conspiracy and fraud charges that stem from his conduct at the helm of FTX. Among the accusations he faces, Bankman-Fried is charged with dipping into billions of dollars of customer funds at his exchange through Alameda to spend as he pleased. Sam Bankman-Fried’s Approximate List of What Matters Bankman-Fried’s lead lawyer, Mark Cohen of Cohen & Gresser, objected to a memo written by his client while former Alameda CEO Caroline Ellison was on the stand. According to Assistant U.S. Attorney Danielle Sassoon, the memo was “sent to both people at Alameda and people at Modulo about how the two companies should do a better job of working together.” Modulo Capital was backed by FTX and viewed as a competitor to Alameda, Ellison testified. Bankman-Fried’s memo was meant to illustrate how he made decisions for Alameda despite Ellison’s authority as CEO, prosecutors said, but Cohen objected to the document’s relevancy. “What conceivable relevance is it that he wrote these items, only to show that he’s some sort of crazy person?” Cohen asked Judge Kaplan at sidebar, outside the…

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