

Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out - Ep 549
Sep 29, 2023
Nik De, CoinDesk's managing editor for global policy and regulation, weighs in on the high-stakes trial of Sam Bankman-Fried, the founder of the now-bankrupt FTX. He discusses the significance of jury selection and how public perception may impact the process. Key strategies for the defense are examined, including the challenges of discrediting proposed witnesses. Nik also touches on the implications of Bankman-Fried's political donations and the potential prison time he faces if convicted, making for a gripping legal analysis.
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Release Requests
- Sam Bankman-Fried's lawyers argued for his release, citing the need to discuss defense witness testimony and cross-examination.
- The judge didn't find this compelling, stating Bankman-Fried had ample time to review materials while on bail.
Jury Selection Importance
- Jury selection is crucial as it determines who decides Bankman-Fried's fate.
- The jury will likely be a mix of people familiar and unfamiliar with crypto, impacting their understanding of the case.
Intrusive Questions
- The defense's proposed juror questions about effective altruism, political donations, and ADHD were deemed intrusive by the prosecution.
- The prosecution argued these questions aimed to influence jurors' perceptions rather than gauge biases.