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**U.S. DOJ Requests Testimony from Former FTX Executives in SBF Trial** ⚖️📜 In the criminal trial of FTX founder Sam Bankman-Fried (SBF), the U.S. Department of Justice (DOJ) has requested testimony from several former FTX executives. This includes former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and former FTX engineering director Nishad Singh, who has previously admitted to charges. However, it is not expected that former FTX executive Ryan Salameh will testify. The trial witnessed witness and jury selection on the 3rd, with four out of twelve potential jurors being excluded. U.S. District Judge Lewis Kaplan, presiding over the case, is set to continue the jury selection process on the morning of the 4th and initiate the first arguments for the plaintiff and defendant. Meanwhile, Blockworks reports that U.S. prosecutors have mentioned that discussions about a plea agreement for SBF have not taken place. #FTX #SBF #DOJ #CriminalTrial #CryptoNews
**U.S. DOJ Requests Testimony from Former FTX Executives in SBF Trial** ⚖️📜
In the criminal trial of FTX founder Sam Bankman-Fried (SBF), the U.S. Department of Justice (DOJ) has requested testimony from several former FTX executives. This includes former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and former FTX engineering director Nishad Singh, who has previously admitted to charges. However, it is not expected that former FTX executive Ryan Salameh will testify.
The trial witnessed witness and jury selection on the 3rd, with four out of twelve potential jurors being excluded. U.S. District Judge Lewis Kaplan, presiding over the case, is set to continue the jury selection process on the morning of the 4th and initiate the first arguments for the plaintiff and defendant.
Meanwhile, Blockworks reports that U.S. prosecutors have mentioned that discussions about a plea agreement for SBF have not taken place.
#FTX #SBF #DOJ #CriminalTrial #CryptoNews
According to The Block, a U.S. court has reportedly granted certain privileges to Sam Bankman-Fried (SBF), the founder of FTX, ahead of his criminal trial scheduled to be held in New York. The court has allowed SBF to wear a suit and use a laptop "offline" during the trial. This means that SBF's lawyers can provide him with suits, dress shirts, ties, socks, and shoes so that he can appear in court without wearing a prison uniform. Additionally, SBF is permitted to take notes on a laptop that is not connected to the internet during the trial. SBF is currently facing accusations of misappropriating billions of dollars worth of customer assets. If found guilty, he could potentially face a lengthy prison sentence. His criminal trial is scheduled to commence on October 3 (local time). These accommodations made by the court are part of the legal process to ensure a fair and just trial for the accused. 🏛️👔💻 #FTX #LegalProceedings #CriminalTrial
According to The Block, a U.S. court has reportedly granted certain privileges to Sam Bankman-Fried (SBF), the founder of FTX, ahead of his criminal trial scheduled to be held in New York. The court has allowed SBF to wear a suit and use a laptop "offline" during the trial.
This means that SBF's lawyers can provide him with suits, dress shirts, ties, socks, and shoes so that he can appear in court without wearing a prison uniform. Additionally, SBF is permitted to take notes on a laptop that is not connected to the internet during the trial.
SBF is currently facing accusations of misappropriating billions of dollars worth of customer assets. If found guilty, he could potentially face a lengthy prison sentence. His criminal trial is scheduled to commence on October 3 (local time).
These accommodations made by the court are part of the legal process to ensure a fair and just trial for the accused. 🏛️👔💻 #FTX #LegalProceedings #CriminalTrial
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