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Sam Bankman-Fried Contests DOJ's Requests for Evidence Inclusion in Trial

Sam Bankman-Fried Contests DOJ's Requests for Evidence Inclusion in Trial

SBF continues its legal battle with US prosecutors.

Sam Bankman-Fried, the founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, has submitted a memorandum through his legal team to contest the US Department of Justice (DOJ) request.

In particular, the memorandum calls for the court to reject the evidence put forth by the DOJ for the upcoming trial.

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What is Odysee & LBRY? Is Decentralized YouTube Possible? (ANIMATED)

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Authored by Mark Cohen, Sam Bankman-Fried's attorney, the memorandum deems the DOJ's requests as "unfounded and overbroad." It argues that many issues raised by the federal government are not suitable for discussion at this stage of the legal process.

The document further contends that the DOJ's requests aim to include "irrelevant and prejudicial evidence" that either has never been charged or is no longer charged against Bankman-Fried. It criticizes the prosecutor’s approach as "unsupported by law" and "unworkable."

The memorandum comes on the heels of several filings by the DOJ aimed at influencing various facets of the case. One such filing occurred on August 28th, where the DOJ submitted a motion to exclude testimony from all of Bankman-Fried’s expert witnesses. They claimed that these experts and their accompanying disclosures are flawed and, thus, should be barred from the trial.

Additionally, a motion filed by the prosecutor on August 29th questioned the relevance of Bankman-Fried's defense against fraud allegations. The motion also sought extra disclosures regarding the defense strategy.

Sam Bankman-Fried and his legal team are mounting a robust defense against the Department of Justice's recent moves to shape the upcoming trial. The memorandum submitted stands as a comprehensive rejection of the evidence the DOJ wishes to introduce, setting the stage for what promises to be a closely-watched legal battle in the cryptocurrency world.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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