Equity Bonus episode: What we learned from SBF's testimony with Jacquelyn Melinek from Chain Reaction
Oct 28, 2023
Jacquelyn Melinek, host of Chain Reaction and an expert on the FTX trial, breaks down the intense courtroom drama surrounding Sam Bankman-Fried's testimony. She shares behind-the-scenes insights about the judge's unexpected breaks and the emotional atmosphere as the trial reaches its fourth week. The conversation highlights humorous moments from FTX's sponsorship strategies, alongside serious critiques of accountability among leadership. Tune in for a captivating mix of courtroom tension and lighter, anecdotal reflections!
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The Race to the Courtroom
- Jacquelyn Melinek details the escalating race to secure courtroom seats for the FTX trial, with attendees arriving increasingly earlier.
- The courtroom only fits 21 members of public/media, causing overflow rooms to be opened.
Missing Jury
- The jury's absence during Sam Bankman-Fried's initial testimony surprised many, including Alex Wilhelm.
- This unusual procedure aimed to assess the admissibility of the testimony before presenting it to the jury.
Blaming Lawyers
- Sam Bankman-Fried attributed many decisions to his lawyers, claiming he often signed documents without full understanding.
- He blamed his lawyers for not providing written policies, despite being in charge of FTX.