SBF Trial: How Sam Bankman-Frieds Lawyers Might Try and Win His Case - Ep. 551

Published: Oct. 3, 2023, 11 a.m.

b'The high-stakes trial of Sam Bankman-Fried is set to begin on October 3, and the FTX founder and former CEO will have to answer for his role in the cryptocurrency exchange\\u2019s downfall, which led to billions in losses. Both the prosecution and defense are currently preparing for what is set to be a significant milestone for the crypto industry. Kayvan Sadeghi, partner at Jenner & Block and Sam Enzer, partner at Cahill Gordon & Reindel, discuss the differences between a civil and criminal trial, what the jury selection process might look like, and what arguments the prosecution and defense might use to support their cases.\\xa0\\n\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\\nShow highlights:\\n\\nThe difference between a civil and criminal trial and why it\'s difficult for the defense to prepare while Sam Bankman-Fried is in jail\\n\\nWhether SBF was offered a plea deal and if so, why he didn\'t take it\\n\\nWhat the process of vetting jurors looks like and what both sides are looking for\\n\\nWhat a pre-opening jury charge is and why Judge Lewis A. Kaplan might choose to use it\\n\\nThe importance of intent when it comes to SBF\\u2019s charges\\n\\nThe pros and cons of the defense using the argument that the FTX founder was receiving poor legal advice\\n\\nWhat charges SBF is facing and whether the defense or prosecution has the upper hand\\n\\nHow the opening statements of both the prosecution and the defense might play out\\n\\nWhether SBF will be put on the stand and why that could be a "dangerous" move, according to Sam\\n\\nHow the defense could respond to testimony from key witnesses like Caroline Ellison or Gary Wang\\n\\nHow Judge Kaplan being a "tough sentencer" could impact SBF\\u2019s jail sentence, according to Sam\\n\\n\\nThank you to our sponsors!\\n\\nCrypto.com\\n\\nLayerZero\\n\\nPopcorn Network\\n\\nGuests:\\n\\n\\nKayvan Sadeghi, partner and co-chair of Fintech & Crypto Assets at Jenner & Block\\n\\nPrevious appearance on Unchained: Why the SEC vs. Ripple Order Is Now About 2 Things: Coinbase and Congress\\n\\n\\n\\nSamson Enzer, partner at Cahill Gordon & Reindel.\\n\\nLinks\\nPrevious coverage from Unchained on Sam Bankman-Fried and FTX:\\n\\nHere\\u2019s How Sam Bankman-Fried\\u2019s High-Stakes Trial Could Play Out\\n\\nWhy FTX Might Try to Claw Back Funds From Retail Customers\\n\\nHow Much Prison Time Is FTX\\u2019s Sam Bankman-Fried Facing?\\xa0\\n\\nWhy the Legal Process for FTX and Sam Bankman-Fried Could Take Years\\n\\nThe Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He?\\n\\nJesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion\\n\\nSam Bankman-Fried on How to Prevent the Next Terra and 3AC\\n\\n\\nDetails of the trial:\\n\\nUnchained: FTX: The Exchange That Brought Down the Industry\\n\\n\\nCoinDesk:\\xa0\\n\\nHere\'s the Sam Bankman-Fried Trial Schedule\\n\\nThe SBF Trial: How Did We Get Here?\\n\\nHere\\u2019s How FTX Founder Sam Bankman-Fried\\u2019s Trial May Play Out\\n\\n\\nForbes: Sam Bankman-Fried Could Face \'Very Long Sentence,\' Judge Says Before Denying Release\\n\\n\\nSBF\\u2019s defense team:\\n\\nUnchained: Sam-Bankman-Fried Files New Request for Temporary Release Before Trial\\n\\n\\nCoinDesk:\\xa0\\n\\nU.S. Department of Justice Opposes Sam Bankman-Fried\'s Latest Move for \'Temporary Release\'\\n\\nKey witnesses:\\n\\nUnchained: SBF\\u2019s Expert Witnesses Barred From Testifying at Trial\\n\\n\\nReuters: Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried?\\n\\n\\nNYT: Prosecutors Detail Evidence Against Sam Bankman-Fried - The New York Times\\n\\n\\nCoinDesk:\\xa0\\n\\nAll of Sam Bankman-Fried\'s Proposed Expert Witnesses Should Be Barred From Testifying: DOJ\\n\\nJudge Blocks Sam Bankman-Fried\'s Proposed Witnesses From Testifying\\n\\nBusiness Insider: Sam Bankman-Fried is being sent to jail after a judge revoked his bail over alleged witness tampering\\n\\n\\nJury selection:\\nCoinDesk: Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use\\n\\nCointelegraph: Sam Bankman-Fried\\u2019s political donations can be surfaced in trial, rules judge\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'