2023-10-26 09:30 |
SBF taking the stand in his criminal trial is “a very bad move,” as the FTX co-founder will be “skinned alive” by prosecutors, says Anthony Scaramucci.
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Anthony Scaramucci, founder of SkyBridge Capital, anticipates a challenging criminal trial for Sam Bankman-Fried, predicting that experienced prosecutors will find weaknesses in his defense. In an Oct.
2023-10-26 15:57 | |
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The Crypto Open Patent Alliance said it will ask U.K. prosecutors to consider pursuing Wright for “perjury” over his defense of forgery allegations.
“He knew what he was doing was wrong — that’s why he never hired a risk officer,” U.S. Assistant Attorney Danielle Sassoon said.
The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto.
Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony.
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet.
In the second week of his fraud trial, SBF will face testimonies against him from witnesses, including former partner and CEO of Alameda Research Caroline Ellison.