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US prosecutors have submitted their proposed instructions to the jury for the upcoming trial of FTX co-founder Sam Bankman-Fried, set to begin in October. The detailed 100-page filing, dated Aug. 21, outlines how the prosecutors wish Judge Lewis Kaplan to guide the jury in Bankman-Fried’s case. The instructions are based on previous guidance the New York district judge has provided in other cases. Bankman-Fried faces seven charges, including fraud, money laundering conspiracy, wire fraud, commodities fraud, and securities fraud. The filing breaks down each charge, suggesting how Judge Kaplan should present the allegations, the burden of proof required for a guilty verdict, and the evidence related to each charge. The document also includes proposed guidelines for how the jury should assess the evidence, deliberate, and conclude each count. While such proposals are standard in criminal trial s, the final decision on jury instructions rests with Judge Kaplan. The former FTX c...

Sam Bankman-Fried attempted to publicly discredit government witness Caroline Ellison, who was once his business ally and a romantic partner, the DoJ argued. The United States Department of Justice (DoJ) filed a complaint against FTX founder Sam Bankman-Fried (SBF), accusing him of leaking the private papers of Caroline Ellison, who was once his business ally and romantic partner. In a new complaint filed on July 20, the DoJ accused Bankman-Fried of an attempt to interfere with a fair trial by publicly discrediting Ellison, who became a government witness in SBF’s case in late 2022. SBF sought to publicly discredit a government witness by sharing her personal writings with a reporter so that those private documents would be featured in an article published by The New York Times on July 20, U.S. Attorney Damian Williams argued in the complaint. In her diary , Ellison described feeling overwhelmed by her job at Alameda Research, alongside other things like the pain from her romantic...

Welcome to the 126th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about. OK, only Crypto ? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends. Feel free to join in and submit entries on Twitter. Any topic is fair game. 42 mins ago The Context: What’s true for TrueUSD? A deep dive into the lies shrouding the various Truecoins by @BennettTomlin Subscribe and read: https://t.co/lP1zkM0NcL pic.twitter.com/pSlxX0v2VD — Protos (@Protos) July 7, 2023 42 mins ago one more time for the people in backhttps://t.co/GhCHEIkQ5m — H.E. Cas Piancey (@CasPiancey) July 7, 2023 ICYMI 40 mins ago OPNX is being funded by the illegal use of funds from Hodlnaut. This is despicable for @OPNX_Official to be raiding whats left of @hodlnautdotcom users’ hard-earned savings. Shout out to @ArkhamIntel...

Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried's illegal actions. The domino effect of FTX CEO Sam Bankman-Fried’s actions came full circle as his reputation began impacting the professional lives of his parents — Stanford Law professors Joseph Bankman and Barbara Fried.  SBF’s father, Bankman, had to cancel his winter session course on tax policy, which according to The Standford Daily, was at a time when the family was accused of acquiring an FTX-owned $16.4 million vacation home before the crypto exchange’s collapse. Stanford Law professor Joseph Bankman's tax policy course was canceled. Source: explorecourses.stanford.edu On the other hand, SBF’s mother, Fried, was surprisingly not even listed as an instructor for any of the courses. While this event coincides with FTX’s fallout, where Fried became a focal point of discussion owing to her political ties, she distanced the move from the ongoing investigation...