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Eugene

(62,671 posts)
Thu Sep 21, 2023, 07:36 PM Sep 2023

Bankman-Fried's expert witnesses rejected by judge

Source: Reuters

Bankman-Fried's expert witnesses rejected by judge

Luc Cohen
Thu, September 21, 2023 at 3:40 PM EDT·2 min read

NEW YORK (Reuters) - A U.S. judge on Thursday restricted Sam Bankman-Fried's ability to call expert witnesses to testify at his criminal fraud trial, in a blow to the FTX cryptocurrency exchange founder.

Bankman-Fried wanted to call seven experts on topics such as cryptocurrency markets and English contracts, to convince jurors to acquit him of stealing billions of dollars in FTX customer funds to plug losses at his Alameda Research hedge fund.

But in a written order, U.S. District Judge Lewis Kaplan said three proposed witnesses cannot take the stand, because their testimony was irrelevant or could confuse the jury.

He also said Bankman-Fried may seek to call the remaining four experts, but only to rebut prosecution witnesses.

-snip-

Read more: https://news.yahoo.com/bankman-frieds-expert-witnesses-rejected-194052029.html

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Also from Reuters: Sam Bankman-Fried to stay in jail, appeals court rules

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Bankman-Fried's expert witnesses rejected by judge (Original Post) Eugene Sep 2023 OP
The Trump of the hedge fund world, one might call him peppertree Sep 2023 #1

peppertree

(22,850 posts)
1. The Trump of the hedge fund world, one might call him
Fri Sep 22, 2023, 02:53 PM
Sep 2023

Both men, poster children of the erosion in guardrails when it comes to fraudsters in this country (also, of bad diets - from the look of them).

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