UNCHAINED: Another Bad Week for Sam Bankman-Fried in His Criminal Trial
CoinDesk Podcast Network
Contradictory Testimonies and Closing Off the Defense
The chapter discusses the testimony of Cass' son and another witness, which contradicts the defense's argument that customers consented to the use of their funds for loans and re-hypothecation of assets. The government presents strong evidence to close off this defense.
Sam Bankman-Fried is facing an even more difficult task in proving his innocence after this week’s compelling testimony by the last member of his inner circle.
Sam Enzer, a partner at the law firm Cahill Gordon & Reindel, told Laura that compelling evidence from Sam Bankman-Fried’s inner circle had increased the difficulty for the fallen FTX CEO to convince a jury of his innocence. Former FTX head engineer Nishad Singh said that he became suicidal after understanding the full magnitude of FTX’s misuse of customer funds, while ex-chief legal counsel Can Sun helped show how SBF allegedly lied to lawyers.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.
Show highlights |
- Sam (Enzer’s) thoughts on how the trial is going for the defense
- what Nishad Singh's emotional testimony revealed about SBF
- how Singh felt "betrayed" by Bankman-Fried, who may have been a big brother figure to him
- why the defense went much harder after Singh in its defense than it did the other members of the inner circle
- whether the jury felt empathy with Singh about his suicidal feelings
- what the rationale was behind the order of the witnesses
- why Sam believes that the accounting professor Peter Easton's testimony was "damning" for the defense
- whether the testimony of former FTX general counsel proved that SBF lied to his own lawyers
- why the communications between SBF and his lawyer, which are generally privileged, were divulged in court
- why Sam believes that it's likely that SBF will testify, although he would advise him not to
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Guest |
Sam Enzer, partner at Cahill Gordon & Reindel.
Previous appearances on Unchained:
Why These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to Testify
SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
SBF’s Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?
Links |
Previous coverage by Unchained on the trial of Sam Bankman-Fried:
How Heated Sidebars During the SBF Trial Could Impact the Jury’s Decision
SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family
SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact
SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges
Sam Bankman-Fried Trial: Here's Everything That Happened So Far
SBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?
SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life'
SBF Trial, Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?
SBF Trial, Day 8: Former BlockFi CEO Adds Credibility to Fraud Charges
SBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender
SBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh's Testimony
SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole
Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?
Good Morning America:
FTX's Sam Bankman-Fried on crypto giant's collapse: 'A lot of people got hurt. And that's on me'
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
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