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Cryptocurrency News 9 months ago
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Former FTX CEO's Trial to Include Jury Questions on Crypto and Altruism

Algoine News
Summary:
Potential jurors in the trial of former FTX CEO Sam Bankman-Fried may be questioned about their views on cryptocurrency and effective altruism. Bankman-Fried's lawyers and U.S. prosecutors have filed their proposed questions, addressing topics such as investment in crypto, opinions on industry failure, and attitudes towards donating to political candidates. The trial is scheduled for October 3. Bankman-Fried pleaded not guilty to fraud charges related to FTX's collapse in November.
Prospective jurors in the upcoming trial of former FTX CEO Sam Bankman-Fried may be questioned about their views on cryptocurrency, effective altruism, and attention-deficit disorder. Bankman-Fried's legal team, as well as United States prosecutors, have submitted their proposed questions for potential jurors in the trial scheduled for October 3. One of the questions seeks to determine if prospective jurors have invested in cryptocurrency and, if so, whether they have had negative experiences or opinions about the industry. Another question focuses on whether jurors would blame the owners of a failed crypto firm and the reasoning behind it. Furthermore, Bankman-Fried is interested in knowing the thoughts of jurors on "effective altruism," which is the charitable philosophy that he has built his reputation on. Other questions explore the perception of jurors regarding donating large sums of money to political candidates and lobbyists, along with their personal or professional experiences with individuals receiving ADHD medication. Similarly, Bankman-Fried would like to ascertain if jurors have any prior knowledge or opinions about him, FTX, or Alameda Research. On the other hand, U.S. prosecutors aim to assess jurors' familiarity with FTX and its affiliates, any personal or familial involvement in the crypto industry, and their beliefs about the government's role in regulating the sector. Additionally, the prosecutors wish to inquire if jurors have ever incurred financial losses due to fraudulent investment practices. Despite Bankman-Fried's request for temporary release being denied by U.S. District Court Judge Lewis Kaplan, he continues to maintain his plea of not guilty to the seven fraud-related charges related to FTX's collapse in November. Bankman-Fried is also facing a separate criminal trial in March next year on additional charges.

Published At

9/13/2023 1:58:48 AM

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