Fun

News Feed - 2023-08-27 01:08:02

Ana Paula Pereira16 hours agoJudge to hear Sam Bankman-Fried’s defense against 4M pages of new evidenceJudge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence.4629 Total views26 Total sharesListen to article 0:00NewsJoin us on social networksA federal judge will hear Sam Bankman-Fried’s defense argument against a new batch of evidence provided by the U.S. Department of Justice (DOJ) on Aug. 25. According to Bankman-Fried’s attorneys, an additional four million pages of discovery were released less than six weeks before his trial, which is scheduled for Oct. 3. 


Judge Lewis Kaplan issued an order on Aug. 26 requesting the government to respond to letters from Bankman-Fried’s legal team regarding his appropriate access to discovery materials, as well as a request to prevent the government from using evidence produced after July 1.


According to Bankman-Fried’s attorneys:“We further object to the Government’s production, just yesterday, of an additional 4 million pages of discovery. The Government cannot be allowed to dump millions of pages on the defense less than six weeks before trial, [...] For the reasons already discussed in our motions in limine, ECF No. 206, the Government should be precluded from using any such evidence at trial.“


Today’s decision allows Bankman-Fried’s legal counsel to present its arguments in a video conference hearing on Aug. 30.Kaplan order on Aug. 26. Source: Inner City Press


Bankman-Fried is accused of misappropriating user funds for investments, personal expenses and political campaign donations. A total of 12 criminal counts have been laid against the former FTX CEO, to be heard in two trials beginning in October 2023 and March 2024.


Earlier this week, Bankman-Fried pleaded not guilty to fraud and money laundering charges levied in an updated indictment by prosecutors. During the hearing, his lawyers argued for better treatment for him in Brooklyn’s Metropolitan Detention Center, where he has been since his bail was revoked on Aug. 11.


According to his attorneys, Bankman-Fried has been forced to rely on a diet of bread, peanut butter and water due to the lack of vegan options provided by the prison. His counsel also raised concerns regarding his medical needs, sharing that he has not received his medication since being jailed.


Magazine: How smart people invest in dumb memecoins — 3-point plan for success# Business# United States# Court# Crimes# Sam Bankman-Fried# FTXAdd reactionAdd reactionRead moreWhat is an atomic swap, and how does it work?Opinion: Why did Bitget seize more than $200,000 of my money?The future of BTC mining and the Bitcoin halving

News Feed

David Attlee4 hours agoSEC accuses Binance of noncooperation, court unseals case documents: Law DecodedThe legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume.1018
The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million
The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 MillionOn July 1, 2020, the partner of Polynexus Capital, Andrew Steinwold, detailed that the sales of blockchain-p
Bitcoin, Ethereum Technical Analysis: BTC Nears $21,000, ETH Above $1,640 on Saturday
Bitcoin, Ethereum Technical Analysis: BTC Nears $21,000, ETH Above $1,640 on Saturday Bitcoin was back in the green on Saturday, as bulls returned to cryptocurrency markets to star
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador According to a working study published by the U.S. National Burea
De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula"s Adviser Brazil’s President Luiz Inacio Lula da Silva’s
Martin Young3 hours agoOrdinals still make up majority of Bitcoin txs despite price collapseBitcoin Ordinals appear to be alive and kicking, with nearly 85% of Bitcoin network activity dominated by inscriptions and BRC-2
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried
MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors
MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors press release PRESS RELEASE.MetaGods is showing tremendous strength after their highly successful, sold-
European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023
European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023 The European Union (EU) is working on a project that involves blockchain architecture and the use of
Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%
Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300% An aspirant to the post of commissioner with the Kenyan Independent
Brayden Lindrea44 minutes agoBitcoin miner Riot Platforms trims Q2 loss to $27.7MThe firm managed to narrow net loss in the quarter as it ramped up Bitcoin production.212 Total views2 Total sharesListen to article 0:00Ne
CoinMarketCap Updates and Verifies TON Crystal Listing; TON Now Among Top 5% of Assets by Market Cap
CoinMarketCap Updates and Verifies TON Crystal Listing; TON Now Among Top 5% of Assets by Market Cap sponsored CoinMarketCap, the leading authority on real-time cryptocurrency price