Sam Bankman-Fried’s Defence Against Fraud Charge Is ‘Irrelevant’ And Should be Struck Down, Prosecution Says

The legal saga involving Sam Bankman-Fried and his collapsed cryptocurrency exchange, FTX, has taken a new twist, with the Department of Justice (DOJ) arguing his defence strategy is ”irrelevant” and should be struck down

The DOJ argued in an Aug. 29 filing that his defence that his lawyers approved his alleged fraudulent activities during his tenure at FTX lacks sufficient detail to be considered valid.

Sam Bankman-Fried’s Defence Also Is ”Confusing,” DoJ Says

Attorney Damian Williams argues that Bankman-Fried’s defence is “irrelevant, confusing, and prejudicial” unless further details and context are provided. The government suggests that Bankman-Fried should specify the legal advice he received or reconsider his defence entirely.

In response, Bankman-Fried’s attorney, Mark Cohen, contends that adequate disclosures about the defence strategy have been made while waiting for the government’s full evidence disclosure. 

Cohen asserts that Bankman-Fried’s limited internet access in jail violates his Sixth Amendment rights to prepare his defence effectively.

Related News

• Grayscale’s Landmark Legal Win a ‘Slaughterfest’ of SEC Arguments as Bitcoin, GBTC Surge on Massive Day for Crypto
• Kevin Rose’s Proof Collective Adds A New Background To Its Moonbirds NFTs
• Working for Sam Bankman-Fried: A Former Alameda Colleague’s Inside Story

Smog (SMOG) - Meme Coin With Rewards

Rating

• Airdrop Season One Live Now
• Earn XP To Qualify For A Share Of $1 Million
• Featured On Cointelegraph
• Staking Rewards - 42% APY
• 10% OTC Discount - smogtoken.com

Visit Site