FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense

Sam Bankman-Fried intends to reason helium was acting successful "good faith" successful loaning funds to FTX and Alameda executives, successful mounting Signal messages to auto-delete and successful mounting up a acceptable of North American entities due to the fact that helium was pursuing the proposal of lawyers, including instrumentality steadfast Fenwick & West.

The FTX founder's defence squad published a missive Wednesday detailing his planned "advice of counsel" strategy, saying helium would nutrient grounds that some in-house and Fenwick attorneys "were progressive successful reviewing and approving decisions related to these matters."

"Evidence of the defendant’s reliance connected counsel is applicable to the question of intent and is not constricted to situations wherever the defence tin found that the suspect formally sought retired the proposal of counsel, received ineligible advice, and followed the proposal given," the missive said.

The missive besides took contented with the Department of Justice's statement for much accusation astir the defense, saying prosecutors had antecedently pushed backmost against the defence team's unsuccessful bid to get accusation from the instrumentality firm.

Bankman-Fried appeared successful tribunal Tuesday to plead not blameworthy to the latest superseding indictment against him, which contained ligament fraud and conspiracy charges. He's acceptable to spell connected proceedings successful aboriginal October.