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 The defense claimed the bail was revoked as a “retaliation” for his exercising First Amendment rights.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

Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November
Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November The blockchain-powered game Axie Infinity has been a very popular application during the
The New Medici Bank Is About to Take On Its First Crypto Clients
A new crypto-friendly bank with a historic pedigree is about to take on its first clients. Revealed exclusively to CoinDesk, Medici Bank is launching into private beta in October. T
Fidelity, Sygnum partner with Chainlink to bring NAV data onchain
Ana Paula Pereira3 hours agoFidelity, Sygnum partner with Chainlink to bring NAV data onchainThe partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in r
Amaka Nwaokocha1 hour agoCelsius Network approved to convert altcoins into BTC or ETHThe liquidations will pave the way for the distribution of the funds to creditors in the near future.1042 Total viewsListen to article
Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume
Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesda
Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today
Luna Foundation Bitcoin Wallet Nears Tesla"s Stash, BTC Address Is the 29th Largest Wallet Today On March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the
Caroline Ellison’s Testimony Claims FTX Boss SBF Directed Her to Co-Mingle Customer Funds Since 2019
Caroline Ellison"s Testimony Claims FTX Boss SBF Directed Her to Co-Mingle Customer Funds Since 2019 On Dec. 23, 2022, Matthew Russell Lee from the Inner City Press published the r
Here’s How to Order Food From Your Home Using Cryptocurrency
Here’s How to Order Food From Your Home Using Cryptocurrency Staying home during the coronavirus epidemic reduces the risk of getting infected with the deadly covid-19. The dis
‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024
Christopher Roark1 hour ago‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024The two Republican senators claimed that if their party wins control of the Senate, they will stop the
The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing
The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still MissingThe original Silk Road marketplace has been shut down for well over seven years now and to this day,
Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals
Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after aut
Bitcoin price drop and crypto market turmoil intensifies — Is Germany to blame?
Marcel Pechman3 hours agoBitcoin price drop and crypto market turmoil intensifies — Is Germany to blame?Some traders say Germany’s Bitcoin selling is behind this week’s drop, but a negative reaction to concerning m