Sam Bankman-Fried's Defense Wants to Highlight 'Inconsistent Statements' by FTX Insiders Gary Wang, Nishad Singh

Sam Bankman-Fried's defence squad person asked Judge Lewis Kaplan to fto them present impervious of "inconsistent statements" from erstwhile FTX executives – and prosecution witnesses – Gary Wang and Nishad Singh.

The defence squad zeroed successful connected what Wang and Singh said astir stablecoin conversions and the "allow negative" diagnostic that fto Bankman-Fried's Alameda Research get fundamentally unlimited wealth from FTX. They volition besides location successful connected Singh's "haziness" astir June and July 2022 to national officials anterior to testifying connected the stand.

The defence attorneys privation to bring 2 FBI agents to the basal erstwhile they contiguous their lawsuit to sermon their notes from their conversations with Singh and Wang. The notes amusement that definite comments the 2 erstwhile FTX executives made connected the basal bash not lucifer the notes of their conversations from months earlier the proceedings begin.

"On October 21, Mr. Bankman-Fried’s counsel advised the Government that it would question to present grounds of Mr. Wang’s and Mr. Singh’s anterior inconsistent statements," the defence filing said.

Wang testified during proceedings that helium could not retrieve if helium spoke to Alameda's relation arsenic a marketplace maker, which was not what helium told investigators successful November 2022, the missive said. He likewise did not retrieve telling investigators astir stablecoin conversions being portion of that marketplace making relation successful December of past year.

Singh made inconsistent statements astir however good helium remembered the events of June and July 2022, the missive said. Similarly, helium did not callback telling investigators if helium said helium felt OK astir buying a location aft the illness of FTX successful January.

"Mr. Wang's and Mr. Singh's denials of having made, oregon proclaimed inability to callback having made, the above-noted statements spell to their credibility successful the case," the missive said.

Defense attorneys tried to pin Wang and Singh connected these inconsistent statements during their transverse examinations of the 2 erstwhile FTX executives, though they couldn't get into item connected those statements astatine the time.