FTX Founder Sam Bankman-Fried Challenges Prosecutor's Requests in Cryptocurrency Exchange Case
Summary:
Founder of FTX, Sam Bankman-Fried, files a memorandum opposing prosecutor's requests in cryptocurrency exchange case. The memorandum argues that the requests are unfounded, overbroad, and seek to admit irrelevant evidence.
Sam Bankman-Fried, the individual who established and previously served as the CEO of now-defunct cryptocurrency exchange FTX, has officially submitted a memorandum on September 1st, urging the court to reject the prosecutor's in limine requests. In the memorandum, SBF's lawyer, Mark Cohen, labels the requests put forth by the United States Department of Justice as baseless and excessively broad, among other points highlighted in the argument. Cohen asserts that the majority of the issues raised by the government cannot be appropriately addressed at this particular stage. Furthermore, the memorandum contends that these requests aim to introduce irrelevant and prejudiced evidence concerning actions that have either never been charged or are no longer pertinent, with the intention of undermining any potential defense, while also seeking the admission of various categories of hearsay and other improper evidence. It further argues that the prosecutor's requests lack legal support and are unfeasible in practice, and therefore, should not be granted.
Published At
9/4/2023 10:53:44 AM
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