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CoinDesk Podcast Network

SBF TRIAL PODCAST 10/13: Listen to the Things SBF's Defense Lawyers Should Be Freaking Out About and Caroline Ellison Completes Testimony

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 13 October 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

During the cross-examination of Caroline Ellison, the lead attorney, Mark Cohen, failed to establish his expected point that Ellison may have been more responsible for the collapse of FTX than his client, Sam Bankman-Fried. Cohen's questioning also did not significantly undermine Ellison's credibility, and he missed opportunities to delve into certain aspects of the case, ultimately leaving the defense's strategy unclear and raising questions about their ability to challenge the prosecution's narrative of Bankman-Fried's actions in taking funds from customers and investors. Link to story: SBF Trial: Defense Counsel's Cross-Examination of Star Prosecution Witness Meandered Sign up for The SBF Trial Newsletter Credits: Danny Nelson, Nick Baker, Nikhilesh De and Wondercraft AI Voice See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9

Wondery, UK. That's audible.com slash Wondery UK.

0:53.5

Welcome to the SBF trial, a CoinDesk Podcast Network newsletter bringing you daily insights from inside the courtroom where Sam Bankman-F freed 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

1:11.0

regulation team and voiced by Wondercraft AI. For a moment Thursday, it looked like Sam

1:18.2

Bankman-Freed's lead attorney, Mark Cohen, was lulling the U.S. Department of Justice's star witness,

1:24.5

Caroline Ellison, into a false sense of security on the stand. The former

1:29.5

Alameda Research CEO was clearly comfortable testifying during her cross-examination. She answered

1:35.2

yes or no, questions with unnecessary levels of detail, a generally unwise practice for witnesses

1:41.0

in a criminal trial. The government's star witness even corrected Cohen's

1:45.0

choppy pronunciation and wording on certain questions. And yet, at the end of a nearly

1:49.7

five-hour back and forth, the press corps hoped would be fiery, Cohen rested without proving his

1:55.0

expected point, that Caroline Ellison was perhaps more responsible for FTX's collapse last November

2:00.4

than his own client.

...

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