Judge says Sam Bankman-Fried cant blame FTX lawyers in opening remarks

In his opening remarks, Judge Lewis Kaplan ruled that the disgraced FTX laminitis Sam Bankman-Fried (SBF) cannot blasted the bankrupt firm’s lawyers, according to an Oct. 1 ruling.

The Judge surmised that allowing SBF to usage the “advise of counsel” defence successful his opening remarks risks assemblage prejudice.

Going by this, Judge Kaplan ruled that:

“The hazard of disorder and unfair prejudice to the authorities were suspect to absorption connected the beingness oregon engagement of lawyers astatine oregon for FTX and Alameda – without immoderate grade of specificity astir what they were contiguous for oregon progressive in, what their tasks were, what precisely they knew, and what the suspect knew astir what the lawyers knew and were doing – is palpable.”

SBF intended to blasted lawyers

In August, CryptoSlate reported that SBF intended to blasted the “counsel advice” provided by the company’s interior ineligible squad and Fenwick & West, a salient Silicon Valley instrumentality firm, successful his lawsuit against the U.S. government.

According to SBF lawyers, the disgraced FTX laminitis acted successful “good faith” arsenic lawyers mostly reviewed and approved decisions related to matters similar utilizing delete features and ephemeral messaging applications similar Signal.

Witnesses against SBF see erstwhile FTX customers

In the latest ineligible developments, tribunal documents unveiled that the U.S. Department of Justice’s database of witnesses features erstwhile FTX customers, comprising retail and organization investors with important holdings connected the defunct platform.

Furthermore, cardinal figures from SBF’s past, including FTX’s erstwhile Chief Technology Officer Gary Wang, erstwhile Head of Engineering Nishad Singh, and the erstwhile CEO of Alameda Research, Caroline Ellison, are acceptable to supply grounds against him.

Per the tribunal filing, these witnesses volition attest however they “understood their narration with the suspect and his companies and their mentation of statements made by the suspect and his agents.”

The station Judge says Sam Bankman-Fried cant blasted FTX lawyers successful opening remarks appeared archetypal connected CryptoSlate.