SBF Behind Bars: Why Revoked Bail Is a Big Deal for Crypto’s Biggest Trial - Ep. 533

Unchained

Laura Shin

Business News, News, Tech News

4.6 • 1.3K Ratings

🗓️ 18 August 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Lawyer Brian Klein joins the show to explain why Sam Bankman-Fried being locked up makes it “much tougher” for his legal team. This week, the judge presiding over the case said SBF went too far in attempting to intimidate key witnesses – chief among them former Alameda Research co-CEO (and ex-flame) Caroline Ellison. Will a jail cell change SBF’s defiant tune ahead of a hotly anticipated October trial date? Klein weighs in. 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: why the detention of SBF changes the dynamics of the trial preparation why Brian believes that the appeal to the detention won’t prevail whether these new conditions will lead to a request for a delay of the trial whether the fact that SBF is now in jail will make him more interested in a plea deal why both the prosecution and the defense have filed motions to limit allowable evidence and what that means for the trial what the short-term future of the trial looks like how long a trial like this would take to play out Thank you to our sponsors! Crypto.com Arbitrum Foundation Thales DAO Guest Brian Klein, partner at Waymaker Links Previous coverage of Unchained on Sam Bankman-Fried and FTX: Will FTX Reboot? Here’s John Ray’s Internal Deadline for Making a Decision The Chopping Block: Was FTX a Scam From the Very Beginning? How Much Prison Time Is FTX’s Sam Bankman-Fried Facing? Why the Legal Process for FTX and Sam Bankman-Fried Could Take Years The Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He? Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion Is the Collapse of Crypto Lending Over, or Is It Just Starting? Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX? The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? Sam Bankman-Fried on How to Prevent the Next Terra and 3AC Unchained: Sam Bankman-Fried Remanded to Jail Ahead of Fraud Trial Prosecutors Move to Include Caroline Ellison’s List of ‘Things Sam is Freaking Out About’ Into Evidence Against FTX Founder Prosecutors Allege SBF Used $100 Million User Funds for Campaign Contributions The New York Times: Prosecutors Detail Evidence Against Sam Bankman-Fried The Block: Former FTX exec Salame to plead the fifth about campaign finance schemes Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In my experience, some defendants, some clients, when they're open in prison,
0:04.9	they'll retain. They really want for a more interesting and pleading.
0:13.2	Hi, everyone. Welcome to Unchained, you know, high-pre sourced for all things crypto.
0:17.2	I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago,
0:23.0	and as the senior editor at Forbes was the first mainstream media reporter to cover
0:26.8	crypto currency full-time. This is the August 18, 2023 episode of Unchained.
0:32.4	Arbitram's leading layer-to-scaling solution offers you ultra-cheap and lightning-fast transactions,
0:38.0	all with security rooted on Ethereum. Visit Arbitram.io today.
0:43.1	Today's episode is brought to you by OverTime Markets, your premier Web 3 sportsbook.
0:48.0	The innovative protocol is changing the game one match at a time, powered by Thales,
0:52.9	explore more at OverTimeMarkets.xyz. With the Crypto.com app, you can buy, trade, and spend crypto
0:59.9	in one place. Download and get $25 with the code Laura. Link in the description.
1:06.0	Want to make the most of festival season?
1:16.4	Scan your next Coca-Cola for a chance to win Epic once in a lifetime festival experiences
1:21.9	and much, much more. Don't fear missing out. Festival season is on us.
1:28.3	Coca-Cola and Coca-Cola Zero promotional packs participate subject to availability. Look
1:32.0	for on-pack info and co-cat for how to enter and tease and cease. Entrance must be 18 plus.
1:36.4	If you've been enjoying Unchained and find the discussions here, fascinating, mind-blowing,
1:40.6	or as crypto tends to be, downright bonkers, please share this episode with a friend to keep the
1:46.1	conversation going. Today's guest is Brian Klein, partner at Waymaker. Welcome
1:51.6	Brian. Thanks for including me and having me on the show, Laura. I'm a big fan,
1:56.4	though, and I listened to many of them. Excited to have you. Former FTX CEO,
	...

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