4.8 • 689 Ratings
🗓️ 24 October 2023
⏱️ 4 minutes
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Sam Bankman-Fried's defense team has announced that they will have a single expert witness, Joseph Pimbley of PF2 Securities. Pimbley's testimony will focus on addressing the financial issues related to FTX's dealings with Alameda and their actual balances, potentially raising questions about Bankman-Fried's alleged culpability, but it remains uncertain whether it can overshadow the emotional impact of testimony from the defendant's close associates admitting involvement in purported crimes.
Link to story: Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony
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1:16.3 | Sam Bankman-Fried's defense team has officially named its sole proposed expert witness, |
1:21.4 | PF2 securities Joseph Pimbley. |
1:24.3 | We don't yet know how many other witnesses we may hear from, and indeed, whether Bankman |
1:28.2 | Freed himself will testify. To clarify, the DOJ presented two types of witnesses. The majority were not |
1:34.2 | experts on specific aspects of the case, but people who were directly involved in FTX as employees, |
1:39.3 | customers, or investors. Prosecutors also had University of Notre Dame professor Peter Easton as an expert witness. |
1:46.2 | Easton's testimony focused on financial flows, presenting various flow charts and diagrams |
1:50.9 | illustrating his analysis, albeit in a somewhat super simplified manner. Pimbley's testimony |
1:56.4 | looks to address similar financial concerns, although he seems to be more focused on allegations |
2:01.2 | from various FTX insiders about the line of credit to Alameda and the size of funds the trading |
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