Yello Paradisers! The trial of Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, kicked off with the jury selection process. The day was marked by significant revelations and the initiation of the voir dire process.
📰 SBF’s New Look
Noted by Inner City Press, a regular reporter on proceedings in the Southern District of New York, SBF made a surprising appearance with a much shorter hairdo, a departure from his signature curly locks.
📰 Judge’s Address
Judge Lewis Kaplan, overseeing the case, informed SBF of his right to testify in his defense. He also highlighted that the trial, initially estimated to last six weeks, might conclude sooner based on his experience.
📰 Plea Discussions
Reports suggest that there have been no plea discussions between the parties. Mark Cohen, SBF’s lawyer, confirmed this, emphasizing SBF’s maintained stance of innocence.
📰 Juror Interactions
Judge Kaplan engaged with the prospective jurors, inquiring about any potential biases. Some jurors revealed connections to FTX and Alameda, while others shared personal crypto investment experiences. Post interrogatories, 50 jurors remained, with the final selection slated for October 4.
📰 Witness List Unveiled
The prosecution listed potential witnesses, including notable names like Caroline Ellison (ex-CEO of Alameda Research), Gary Wong (FTX’s co-founder), and Anthony Scaramucci. Companies such as Sequoia Capital, Binance, and Celsius were also mentioned in relation to the case.
📰 Legal Objections
SBF’s legal team raised objections against the DOJ’s intention to call FTX customers and investors as witnesses, deeming it premature. They also opposed a motion to allow a Ukrainian FTX customer, who suffered significant losses, to testify remotely.
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