Sam Bankman-Fried, the founder of FTX, is currently on trial for seven conspiracy and fraud charges. During the trial, his lawyers have sought to keep certain pieces of evidence from the jury, such as a memo he penned for Alameda Research, audio snippets from Alameda’s all-hands meeting, and photos of yachts outside his luxury Bahamas apartment. However, U.S. District Judge Lewis Kaplan has permitted the jury to see and hear almost everything, as the evidence provides insight into what his lawyers are sensitive to. The six-week trial is entering week three, and more evidence is likely to come under scrutiny.
This is good news for the prosecution, as they are able to present all relevant evidence to the jury without interference from Bankman-Fried’s lawyers. However, this could be bad news for Bankman-Fried, as more evidence could be presented that paints him in a negative light.
#FTX #SamBankmanFried #CriminalTrial #AlamedaResearch #Fraud #CryptoMogul #Justice
You can read more about this topic here: Decrypt: The Evidence Sam Bankman-Fried’s Lawyers Didn’t Want Us to See
