U.S. DOJ Wins Motion To Prevent Proposed Sam Bankman-Fried Witnesses From Testifying in FTX Trial – Crypto News – Crypto News
Connect with us
Over 800 Victims of BitConnect Crypto Ponzi Scheme to Receive $17,000,000 in Restitution, According to US DOJ Over 800 Victims of BitConnect Crypto Ponzi Scheme to Receive $17,000,000 in Restitution, According to US DOJ

others

U.S. DOJ Wins Motion To Prevent Proposed Sam Bankman-Fried Witnesses From Testifying in FTX Trial – Crypto News

Published

2 years ago

on

The U.S. Department of Justice (DOJ) has successfully won a motion to prevent Sam Bankman-Fried’s proposed expert witnesses from testifying in the upcoming FTX trial.

A new court filing reveals that Bankman-Fried’s proposed witnesses either failed to meet the standards of being able to testify or were excluded due to the government’s request.

In the document, the DOJ won a motion to exclude testimony from law professor and former Federal Election Commission Chairperson Bradley Smith, saying that his testimony aims to instruct the jury on issues of the law or is irrelevant.

The government further won a motion to exclude Lawrence Akka, a British lawyer, from testifying as his testimony would include commentary on FTX’s terms of service. According to the law, experts may not offer “legal opinions as to the meanings of contract terms at issue.”

Another witness denied by the court due to the prosecution’s request was Dr. Peter U. Vinella, a financial industry consultant. He was denied because he would only provide background information which was found to have “limited to no bearing on the issues in this case” and could potentially mislead the jury.

Furthermore, some of the defense teams’ proposed witnesses failed to live up to the standards of being admitted and were rejected. These include data analytics and forensics expert Brian Kim, Andrew Di Wu, an assistant professor at the University of Michigan, and Thomas Bishop, who works for a consulting firm.

However, the judge said that it may be possible for the defense to call Bishop and Kim to rebuttal the testimony of Peter Eason, a special agent of the Federal Bureau of Investigation (FBI).

Bankman-Fried is accused of defrauding investors and mishandling billions of dollars worth of customer funds. His trial is set to commence in October of this year. If convicted, he faces decades behind bars.

Last week, prosecutors made objections to Bankman-Fried’s lawyer’s proposed questions for potential jurors. Bankman-Fried’s parents are also being sued by FTX over alleged misallocation of funds.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending