'Manchild' SBF's defense is struggling in fast-moving trial, says former Assistant US Attorney

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

A specialist in white-collar criminal defense weighs in on the key elements at play in Sam Bankman-Fried's criminal trial.

So far a no-nonsense judge and a rapid-paced trial has provided few openings for Sam Bankman-Fried's defense attorneys.

The trial is expected to last around six weeks, so there's still a lot more to come — including the defense's opportunity to take charge and present its version of events. So far, no witness has been more damning than Ellison, who has painted Bankman-Fried as being, for the most part, fully aware that he was crossing both ethical and legal lines, according to O'Brien. Already through the second of an estimated six weeks of trial, it's easy to think that the case is hurtling toward a conviction, partly because it is moving so fast, suggested O'Brien, who said a brisk pace generally benefits the prosecution.

This and other decisions have led to speculation surrounding the defense attorneys' seemingly ineffective strategy, with some wondering if Bankman-Fried's lawyers are already looking ahead to a possible appeal. And while that might be the case, O'Brien doesn't think that would cause Bankman-Fried's team to hold back.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SBF Trial: What's Happening Today at FTX Founder Sam Bankman-Fried's TrialFTX founder Sam Bankman-Fried is on trial for fraud and conspiracy charges after the collapse of his crypto empire last year. WSJ’s Alexander Osipovich breaks down what happened to FTX and what to look for as the trial unfolds.
Source: WSJ - 🏆 98. / 63 Read more »

[RE-AIR] The SBF Trial: Dissecting Ex-Alameda Research CEO Caroline Ellison's Bombshell TestimonyCaroline Ellison, the former CEO of hedge fund Alameda Research and star witness in the government’s criminal fraud case against Sam Bankman-Fried, will take the stand for a third day of testimony. Bragança Law attorney Lisa Bragança shares her legal analysis.
Source: CoinDesk - 🏆 291. / 63 Read more »

SBF Trial: Accountants 'Couldn't or Wouldn't' Audit Alameda, Caroline Ellison SaysNikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Source: CoinDesk - 🏆 291. / 63 Read more »

SBF TRIAL PODCAST 10/12: Caroline Ellison Testimony Day 3Bitcoin news roundups, insights, deep dives and more, hosted by Michael J. Casey, Nathaniel Whittemore, Tyrone Ross, CoinDesk reporters, industry leaders and special guests leading the cryptocurrency conversation.
Source: CoinDesk - 🏆 291. / 63 Read more »

Caroline Ellison, former Alameda CEO reveals $100 million in China bribes: SBF trial revelationsCaroline Ellison, the former CEO of hedge fund Alameda Research and ex-lover of the defendant Sam Bankman-Fried (SBF) was on direct examination for th
Source: FXStreetNews - 🏆 14. / 72 Read more »

Secret recording of Caroline Ellison meeting with Alameda staff exposed in SBF criminal trialA recording of a meeting Caroline Ellison had with Alameda Research staffers as the firm was imploding was played for the court on Thursday
Source: nbcsandiego - 🏆 524. / 51 Read more »