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CoinDesk Podcast Network

SBF TRIAL PODCAST: 09/22 Update

CoinDesk Podcast Network

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4.8689 Ratings

🗓️ 22 September 2023

⏱️ 4 minutes

🧾️ Download transcript

Summary

Judge Kaplan, the judge overseeing the SBF trial, has rejected all seven of SBF’s proposed “expert witnesses” questioning their qualifications and relevance to the case. 


Link to story: Sam Bankman-Fried Sort of Had a Rough Day

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Credits: Nikhilesh De, Parikshit Mishra and Wondercraft AI Voice

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Transcript

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0:53.5

Welcome to the SBF trial, a CoinDesk Podcast Network newsletter bringing you daily insights from inside the courtroom where Sam Bankman-Fried will try to stay out of prison.

1:06.3

Follow the CoinDesk podcast network to get the audio each morning with content from the Coin Desk Regulation

1:11.5

Team and voiced by Wondercraft AI. Yesterday was arguably not a great day for Sam Bankman-Fried.

1:20.2

First, the judge overseeing his case rejected all seven of his proposed expert witnesses,

1:26.4

questioning at least one's qualifications, and saying

1:29.2

some others really wouldn't be relevant to the case. Shortly after the Second Circuit Court of

1:34.0

Appeals, rejected Bankman-Freed's appeal of Judge Lewis Kaplan's ruling to revoke his release on bail.

1:40.2

These are both mostly procedural losses. I don't think the appeal denial is a surprise to anyone.

1:45.6

Judge Kaplan even joked about his record on appeals in the August 11th hearing, where he remanded Bankman Fried into custody.

1:53.3

And indeed, the three-judge panel wrote that they discerned no error, much less clear error, in the district court's detention decision. What this means

2:02.4

is Bankman-Fried will remain behind bars as his trial begins. Judge Kaplan's ruling is a lot more

2:08.8

interesting. On the face of it, yes, he granted the Department of Justice's motion to bar all

...

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