Crypto Critics' Corner
It's so over: Sam Bankman-Fried testifies (feat. Sam Kessler)
Oct 30, 2023
Cryptocurrency entrepreneur Sam Bankman-Fried testifies in the trial. Topics discussed include liquidity of exchanges, defense strategy, implementation of 'allow negative' feature, credibility of testimony, and reflections on the trial experience.
42:55
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Quick takeaways
- The defense's attempt to present data analysis as evidence was met with skepticism by the jury, questioning the credibility of the analysis.
- Sam's defense strategy suffered a blow as his testimony contradicted previous witnesses and raised doubts about his credibility.
Deep dives
Testimony of Expert Witness Joseph Pimbly
Joseph Pimbly was hired by Sam's defense team as a data analyst to assemble documents showing that Alameda liquidity and FTX liquidity was at a certain level over the course of 2021 through 2022. However, his presentation of these documents did not seem to sway the jury and he faced extensive questioning from the prosecution about the source of the data and the credibility of the analysis.
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