1 year ago
Sam Bankman-Fried’s erstwhile concern subordinate Caroline Ellison appeared contiguous for her 3rd time of grounds successful the erstwhile FTX CEO’s transgression trial.
With prosecutors having wrapped their questioning of Ellison, Bankman-Fried’s counsel, Mark Cohen, began his cross-examination today. Reports from the wrong the courtroom, provided unrecorded by New York media outlet Inner City Press, overgarment a representation of a courtroom that is bewildered and exasperated by Mr. Cohen’s tactics.
Cohen’s questions were mostly repetitive of materials covered successful prosecution’s examination. The prosecutions repeatedly challenged the relevance of the questions and engaged successful aggregate sidebars with the justice and the defense’s request. These interruptions led Judge Kaplan to explicit his privation to trim the frequence of these sidebars, thereby maintaining the travel of the proceedings.
Judge Kaplan reportedly expressed his astonishment astatine the signifier of interrogation, stating, “Mr. Cohen, I’ve ne'er seen the transverse of a cooperator done similar this.”
Ellison’s relation astatine Alameda and her narration with Bankman-Fried was a recurring taxable successful the cross-examination. Cohen’s enactment of questions highlighted differences successful their hazard tolerance, concern vision, and adjacent idiosyncratic styles. Their contrasting views connected the blockchain task Solana, FTX’s concern model, and their chiseled accent absorption styles were brought into the spotlight.
Cohen’s enactment of questioning besides focused connected the absorption of Alameda’s funds, the implications of their concern model, and the usage of their loans. According to Ellison, the operation which Alameda employed, portion being likened to a hedge fund, had advantages implicit accepted hedge funds owed to its flexibility.
Caroline Ellison is among the government’s prima witnesses successful its lawsuit against Bankman-Fried. Her grounds is ongoing astatine property time.
The station SBF Trial: Judge reprimands defence counsel successful Ellison cross-examination appeared archetypal connected CryptoSlate.
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