THE HASH: FTX Founder Sam Bankman-Fried’s Planned Defense ‘Irrelevant’ Without More Details, Govt Says

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4.7 • 698 Ratings

🗓️ 30 August 2023

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Wednesday, August 30, 2023. Lawyers for the Department of Justice said in a Tuesday legal filing that Sam Bankman-Fried’s plan to argue his lawyers approved alleged fraud during his time at FTX should be struck down for being “irrelevant." "The Hash" panel discusses the FTX founder's defense strategy and the latest developments in Bankman-Fried’s case. See also: Sam Bankman-Fried’s Planned Defense ‘Irrelevant’ Without More Details, Govt Says All of Sam Bankman-Fried's Proposed Expert Witnesses Should Be Barred From Testifying: DOJ Crypto Exchanges Saw Inflows of 30K Bitcoin Prior to Grayscale's SEC Victory This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” 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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0:00.0	This is the hash podcast.
0:10.4	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
0:15.7	All on the hash for your ears.
0:19.2	You're listening to the Coin Desk Podcast Network.
0:23.9	Hello, hello, and welcome to the hash on Coin Desk TV and the Coin Desk Podcast Network.
0:30.6	This right here is the penultimate episode of the hash before we go on an extended indefinite
0:35.9	hiatus, and we are going to have a fun time, I assure you.
0:39.7	My name is Zach Seward.
0:40.7	We got Jen Sanassie, Wendy O, Will Foxley, we're the hash.
0:44.8	We have plenty of news to get to, including an SBF update that Jen is going to explain for us.
0:51.0	Jen, what's going on?
0:51.9	Another day, another SPF update. We can't get away from it.
0:56.0	All right. The Department of Justice said in a filing on Tuesday that Sam Bankman-Fried's plan to
1:01.3	argue that his lawyers approved alleged fraud during his time at FTX should be struck down for
1:07.0	being irrelevant. U.S. attorney Damian Williams said in the filing that SBF should
1:12.3	specify the legal advice or abandon the proposed defense altogether while SBF's attorneys say
1:18.8	that sufficient disclosures were made and that his client's conditions in jail have violated
1:23.9	the U.S. Constitution. Will tossing this one off to you. What do you make of this?
1:30.2	Is this just lawyer stuff? Is this just stuff we got to get done?
1:34.1	Can I ask you that? You're the lawyer on this show. I'm not, I'm no lawyer. No lawyer at all. I'm
1:38.2	just a crypto boy. The alleged lawyer. Oh, wait, wait, crypto boy or Bitcoin boy? Choose your words wisely here.
1:44.7	Okay.
	...

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