Sam Bankman-Fried Rebuffed Barry Silbert’s and Celsius’ Requests for Help, Ex-FTX CEO Testifies at His Trial
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)
Binary trading platforms with better performance and payouts
top news
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)
The former crypto billionaire’s lawyer focused on trying to spin prosecutors’ narrative about FTX and Alameda Research’s collapse in a way more favorable to SBF.
After Hamas’ deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited.
Prosecutors rested their case on Thursday, so SBF’s defense lawyers are calling witnesses now.
In a series of filings throughout Thursday, the Department of Justice and Sam Bankman-Fried’s defense crossed swords on issues ranging from charts the defendant wants to use in his testimony to an ongoing question of whether the defense can rely on a presence of counsel argument.
Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)
BTC’s price hasn’t seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals.
The U.S. Department of Justice and Sam Bankman-Fried’s defense team filed their proposed jury instructions after the witness testimony wraps up in the coming weeks.
The erstwhile crypto titan and avowed vegan was also scheduled to meet Empire State Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.