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Legalcrypto

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legalcrypto2 years ago•2 min saved

SBF's Lawyer Claims He's the Worst Cross-Examiner and Witness in FTX Trial

Sam Bankman-Fried's lawyer, David Mills, has described him as the "worst person" he has ever seen do a cross-examination, stating that he may be reconsidering his career after handling the FTX founder's defense. Mills believes Bankman-Fried is innocent, but his case became "unwinnable" due to the testimonies of FTX's other co-founders. Mills expressed concern about his relationship with Bankman-Fried's parents and doubts that their friendship will survive the guilty verdict.

via Futurism|

#cross-examination #david-mills #ftx

legalcrypto2 years ago•3 min saved

Sam Bankman-Fried's Emotional Defense Concludes in Criminal Fraud Trial

Sam Bankman-Fried, former CEO of FTX, appeared emotional as his lawyer concluded the defense's closing arguments in his trial. The attorney appealed to the jury to find Bankman-Fried acted in "good faith" throughout his time running FTX and Alameda Research, arguing that miscommunications and mistakes, rather than fraud, led to the downfall of FTX and the misuse of customer funds. The trial, which lasted five weeks, will soon determine Bankman-Fried's fate.

via CoinDesk|

#closing-arguments #cryptocurrency #defense

legalcrypto2 years ago•0 min saved

Sam Bankman-Fried's Trial: A Deep Dive into the FTX Founder's Testimony

FTX founder Sam Bankman-Fried continues to be cross-examined in his trial, often responding with "I don't recall." Last week, a judge ruled that most of his proposed testimony regarding the involvement of FTX lawyers in his decisions couldn't be presented to the jury, dealing a blow to his defense. Bankman-Fried is facing fraud charges for his alleged role in the collapse of his crypto exchange and has pleaded not guilty.

via The Wall Street Journal|

#crypto-exchange #fraud-charges #ftx