SBF Trial, Day 13: Before Judge, Former FTX CEO Sam Bankman-Fried Gives Few Straight Answers

Unchained

Laura Shin

Tech News, Business News, News

4.6 • 1.3K Ratings

🗓️ 27 October 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In a courtroom drama minus the jury, Sam Bankman-Fried (SBF) took the stand for what can be best described as a “test run.” The hearing aimed to help the judge decide what evidence will be admissible in the actual trial. SBF's performance under Assistant U.S. Attorney Danielle Sassoon's questioning was less than stellar. His verbose answers and frequent apologies contrasted sharply with Sassoon's pointed questions, at times making him appear evasive. The hearing also touched on SBF's use of encrypted messaging app Signal and his company's data retention policy. Catch up on Unchained’s previous coverage: SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family SBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied’ While Defense Claims His Actions Were ‘Reasonable’ 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 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 SBF Trial, Day 12: Former FTX General Counsel Speaks Out Against SBF Did Sam Bankman-Fried Have Intent to Defraud FTX Investors? Why These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to Testify Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case The High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Unchained is about a lot more than just podcasts.
0:03.5	On our website, unchainedcrypto.com, you can also find crypto news, web through tutorials,
0:09.1	and original videos.
0:10.7	Check it all out at unchainedcrypto.com.
0:14.1	Hi, everyone.
0:18.1	Thanks for tuning into the unchained recap of the SPF trial for October 26, day 13.
0:24.0	On Thursday, in a sort of mock trial known as an evidentiary hearing, Sam Pinkford
0:29.0	Free took the stand for the first time in his criminal case.
0:32.0	However, the jury had been sent home, so his only audience was the judge in the packed
0:36.6	courtroom.
0:37.7	The purpose of the hearing, which took place after the defences to other witnesses, was
0:42.0	for the judge to decide whether to permit the defense to allow certain lines of testimony.
0:46.6	However, it also gave a sneak preview of how SPF would perform in front of the jury.
0:51.9	And so far, it seems that cross-examination could prove challenging for him.
0:56.5	After very pointed questioning from Assistant U.S. Attorney Danielle Sassoon, SPF gave
1:01.2	wordy answers in run-on sentences with multiple clauses and caveats, or responded by saying
1:06.9	he didn't know or recall.
1:09.4	Oftentimes he looked down.
1:11.1	He repeatedly apologized or said he was sorry.
1:14.3	The contrast between her specific and narrow questions and his verbose responses at times
1:19.9	made him seem evasive.
1:22.1	At one point, Judge Kaplan got up and walked around behind his chair, and later said of
	...

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