Fun

News Feed - 2023-09-04 07:09:44

Savannah Fortis13 hours agoSam Bankman-Fried files memo asking court to block prosecutor evidenceThe FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling them “unworkable.”8230 Total views19 Total sharesListen to article 0:00NewsJoin us on social networksSam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine requests. 


The memorandum, penned by SBF’s lawyer Mark Cohen, calls the requests filed by the United States Department of Justice (DOJ) “unfounded and overbroad,” among other things.


He argues that most of the issues raised by the government cannot be properly addressed at the current stage. Additionally, the memorandum claims the requests “seek to admit irrelevant and prejudicial evidence regarding conduct that is no longer or never was charged, to undercut any potential defense, and to admit broad categories of hearsay and other improper evidence.”


It goes on to argue that the requests from the prosecutor are “unsupported by law and unworkable” in practice and, therefore, shouldn’t be granted.


Related:Robinhood bought back Sam Bankman-Fried’s stake from US gov’t for $606M


This memorandum comes after multiple recent filings from the DOJ asking the court to intervene in various aspects of the case. On Aug. 28, the government filed a motion to bar all of SBF’s expert witnesses from testifying in court. 


The DOJ argued that all of the proposed experts, along with their accompanying disclosures, “suffer from an array of deficiencies,” warranting being banned from the trial.


A day later, on Aug. 29, the prosecutor filed another motion that called SBF’s fraud allegation defense “irrelevant” in its current state and requested additional disclosures to the already planned defense.


Meanwhile, SBF’s lawyers have been pushing for a temporary release, stating that the accommodations the authorities provided are insufficient for him to prepare for the October trial. 


His lawyers are also in the process of appealing the court’s decision to revoke his bail, which was decided on Aug. 11. The defense claimed the bail was revoked as a “retaliation” for his exercising First Amendment rights.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in# Business# US Government# Court# Department of Justice# Sam Bankman-Fried# FTXAdd reactionAdd reactionRead moreHow to earn passive income with peer-to-peer lendingThe bright side of Evergrande’s collapse? More crypto volatilityAI could revolutionize human resources, but there are risks

News Feed

Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash TradesPolice in South Korea on Wednesday raided and seized the offices of Coinbit, the country&rs
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines
Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US
Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed h
Vitalik Buterin donates over $500K in animal-themed coins to charity
Ezra Reguerra10 hours agoVitalik Buterin donates over $500K in animal-themed coins to charityVitalik Buterin urged the community to send the memecoin token funds they want to send him directly to charities.8362 Total vie
Bitcoin Eyes First Test of $7.2K Price Support Since April
View A high-volume range breakdown seen on the daily chart suggests scope for test of a long-term moving average at $7,200. A violation there would expose another major average support at $7,000. A corrective bounce abov
macOS of blockchains? Solana captures 60% of new DEX volume in May
Ana Paula Pereira6 hours agomacOS of blockchains? Solana captures 60% of new DEX volume in MaySolana’s market share on decentralized exchanges rose from 0% in early 2021 to 24% in May 2024, thanks to a similar approach
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities The German government has passed new legislation to introduce all-electronic securiti
Deciding who owns your ‘digital twin’ will make or break the metaverse
Tristan Greene4 hours agoDeciding who owns your ‘digital twin’ will make or break the metaverseResearch indicates a secure, biometrically verified digital twin will need to be developed in order for the metaverse to
Ariva Mentioned as Top Project in Blockchain for Travel Summit in Dubai
Ariva Mentioned as Top Project in Blockchain for Travel Summit in Dubai press release PRESS RELEASE.Fast-growing blockchain protocol Arivawas highlighted as one of the key drivers o
Tristan Greene3 hours agoResearchers at ETH Zurich create jailbreak attack bypassing AI guardrailsArtificial intelligence models that rely on human feedback to ensure their outputs are harmless and helpful may be univers
‘Crypto Has Already Won’, Regardless Of Trump Or Harris Win: Bitwise CIO
Este artículo también está disponible en español. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, declared in an investor note today that the crypto in
Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold
Bill Miller"s Hedge Fund Sees Bitcoin Having "Significant Upside Potential" as Digital Gold In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund manag