Unchained
SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family
Oct 4, 2023
The trial of Sam Bankman-Fried kicks off with a calm appearance in court, as the jury selection reveals some jurors with unexpected ties to crypto. The government clarifies its position on a plea deal, raising questions about the case's future. A list of potential witnesses is disclosed, including significant names from the crypto industry and even Bankman-Fried's family. This trial could reshape the crypto landscape, making it a must-follow saga for enthusiasts and observers alike.
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Quick takeaways
- Sam Bankman-Fried appeared composed and visibly prepared for the trial, addressing the possibility of testifying himself, while the government clarified that no plea discussions or offers were made.
- The jury de-selection process revealed potential jurors with conflicts of interest in the crypto industry, including investors and victims of crypto scams, and a long list of potential witnesses from the crypto world was presented by the government.
Deep dives
First Day of the Trial and Binghaman-Fried's Appearance
On the first day of the criminal trial of Sam Binghaman-Fried, it was noted that he appeared noticeably thinner and had cut his hair to look more presentable. He was seen with a laptop, possibly scrolling through it, and he appeared less jittery than usual. The issue of whether Binghaman-Fried would testify was addressed by the judge, who emphasized that the decision lay solely with him. Although the defense has not indicated whether Binghaman-Fried will testify, his previous interviews about the case have gone against legal advice. The government also stated that there were no plea discussions or offers made in the case.
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