[ad_1]
Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency alternate FTX, filed a memorandum on Sep. 1 asking the courtroom to disclaim the prosecutor’s in limine requests.
The memorandum, penned by SBF’s lawyer Mark Cohen, calls the requests filed by america Division of Justice (DOJ) “unfounded and overbroad,” amongst different issues.
He argues that many of the points raised by the federal government can’t be correctly addressed on the present stage. Moreover, the memorandum claims the requests “search to confess irrelevant and prejudicial proof concerning conduct that’s now not or by no means was charged, to undercut any potential protection, and to confess broad classes of rumour and different improper proof.”
It goes on to argue that the requests from the prosecutor are “unsupported by legislation and unworkable” in observe and, due to this fact, shouldn’t be granted.
Associated: Robinhood bought back Sam Bankman-Fried’s stake from US gov’t for $606M
This memorandum comes after a number of latest filings from the DOJ asking the courtroom to intervene in varied points of the case. On Aug. 28, the federal government filed a movement to bar all of SBF’s expert witnesses from testifying in courtroom.
The DOJ argued that all the proposed consultants, together with their accompanying disclosures, “endure from an array of deficiencies,” warranting being banned from the trial.
A day later, on Aug. 29, the prosecutor filed one other movement that known as SBF’s fraud allegation defense “irrelevant” in its present state and requested extra disclosures to the already deliberate protection.
In the meantime, SBF’s legal professionals have been pushing for a temporary release, stating that the lodging the authorities supplied are inadequate for him to arrange for the October trial.
His legal professionals are additionally within the strategy of interesting the courtroom’s decision to revoke his bail, which was selected Aug. 11. The protection claimed the bail was revoked as a “retaliation” for his exercising First Modification rights.
Journal: How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in
[ad_2]
Source link
