Ethereum

Galaxy

Gary

<div class="cryptonews"> 
 <p class="is-style-lead">The U.S. Department of Justice has filed motions to disqualify all seven expert witnesses put forward by former FTX CEO Sam Bankman-Fried for his forthcoming October trial, citing various inadequacies in their qualifications and methodologies.</p> 
 <p>The U.S. Department of Justice (DOJ) submitted filings on Aug. 29 to preclude all seven <a rel="dofollow" title="expert" href="https://thebittimes.com/tag/expert.html">expert</a> <a rel="dofollow" title="witnesses" href="https://thebittimes.com/tag/witnesses.html">witnesses</a> put forward by Sam Bankman-Fried, the founder and former CEO of FTX, in his forthcoming <a rel="dofollow" title="trial" href="https://thebittimes.com/tag/trial.html">trial</a> scheduled for October. In the legal documents, the DOJ argues that the defense’s roster of <a rel="dofollow" title="expert" href="https://thebittimes.com/tag/expert.html">expert</a>s is rife with inadequacies that should <a rel="dofollow" title="disqualify" href="https://thebittimes.com/tag/disqualify.html">disqualify</a> them from testifying.</p> 
 <p>The prosecution contends that the proposed <a rel="dofollow" title="expert" href="https://thebittimes.com/tag/expert.html">expert</a>s are not in compliance with the requisite standards for criminal proceedings. Specifically, they maintain that the <a rel="dofollow" title="expert" href="https://thebittimes.com/tag/expert.html">expert</a> opinions are unreliable and could introduce bias or confusion into the deliberations of the jury. “The court should exercise its gatekeeping function to prevent the admissibility of such flawed <a rel="dofollow" title="expert" href="https://thebittimes.com/tag/expert.html">expert</a> testimony,” the DOJ said in the request.</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">SBF case, just filed: DOJ says his "representations are distorted to the point of being misleading. The 4 million pages are materials the US obtained from Google in response to a warrant for the defendant’s own Google accounts…due to a production error by Google https://t.co/uUXBcLMej9 pic.twitter.com/t2Ies9jNEI</p>— Inner City Press (@innercitypress) August 29, 2023
   </blockquote> 
  </div>
 </figure> 
 <p>The defense’s list of witnesses is diverse, comprising a British attorney, leaders from four consulting firms, a law professor, and a business school assistant professor. These experts were expected to discuss various facets related to FTX and Alameda Research, including their terms of service, accounting practices, software architecture, compliance with campaign finance laws, and the underlying principles of blockchain technology.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> FTX engages Galaxy Digital to oversee, sell, and hedge its crypto assets 
 </div> 
 <p>The government has especially taken issue with Joseph Pimbley, principal at Maxwell Consulting, stating that his testimony concerning FTX’s code would be redundant. The DOJ insists that their own witnesses, including former CTO Nishad Singh and director of engineering Gary Wang, have the appropriate expertise to address these matters.</p> 
 <p>Moreover, the DOJ has proposed that if the court does not disallow these witnesses, a Daubert hearing should take place. This type of hearing would permit both the prosecution and the defense to cross-examine the experts in an open court setting to determine if their testimonies are admissible.</p> 
 <p>This legal battle, part of the larger Bankman-Fried and FTX bankruptcy case, has seen numerous motions and counter-motions. Just last week, the legal team overseeing the FTX estate petitioned the court for permission to stake its Ethereum (ETH) holdings and sell its Bitcoin (BTC) assets as a risk mitigation strategy.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> FTX founder to face charges over illegal campaign finance scheme 
 </div> <span class="google-news-banner__label">Follow Us on Google News</span> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/doj-moves-to-disqualify-expert-witnesses-in-bankman-fried-trial-tbt60862.html">https://thebittimes.com/doj-moves-to-disqualify-expert-witnesses-in-bankman-fried-trial-tbt60862.html</a></p>

DOJ moves to disqualify expert witnesses in Bankman-Fried trial

TheBitTimes

Other articles published on Aug 31, 2023

Waspada Pasar Crypto Terjungkal Jika Inflasi AS Terus Naik

Grayscale Unsure If It Must Refile for Spot Bitcoin ETF After Landmark SEC Win

Korea Blockchain Week 2023 Brings Together Global Crypto Community for Insightful Discussions and...

Binance Asia-Pacific Head Leon Foong Resigns: Bloomberg Report

Tapbit Exchange WEMIX Listing & Events

India’s AI Ambition: Ambani’s Bold Move Against Global Giants

Join our free newsletter for daily crypto updates!