The trial for Sam Bankman-Fried, founder and former CEO of FTX, will begin in October.
Prior to the start of the judicial process, SBF’s lawyers determined their strategies for the judicial process that will begin in October.
SBF’s lawyers will blame legal counsel
Sam Bankman-Fried’s lawyers plan to put the blame on previous legal counsel as his trial begins in October. Under this strategy, they will allege that Bankman-Fried received legal advice, particularly on auto-deletion policies and lending issues between FTX and Alameda Research, and that advice was made to believe he was “acting in good faith.”
The attorneys representing Bankman-Fried plan to present evidence that attorneys and in-house attorneys from Fenwick & West LLP are involved in the review and approval process of certain decisions. Accordingly, the lawyers say that they will prove that Bankman-Fried complied with the advice of the legal advisers and that this advice was relevant to the question of intent.
This appears to be an attempt to show that Bankman-Fried’s behavior and decisions during his imprisonment were the result of legal advice. In particular, proving intent on charges can be an important part of a legal defense.
The former CEO of FTX was sent to stand trial in prison on charges of leaking the private diary and influencing witnesses. It remains to be seen how Bankman-Fried’s defense strategy will progress during the trial and how the charges will be handled.
