SBF Trial: Decide reprimands protection counsel in Ellison cross-examination


Sam Bankman-Fried’s former enterprise affiliate Caroline Ellison appeared as we speak for her third day of testimony within the former FTX CEO’s prison trial.

With prosecutors having wrapped their questioning of Ellison, Bankman-Fried’s counsel, Mark Cohen, started his cross-examination as we speak. Experiences from the within the courtroom, offered reside by New York media outlet Inner City Press, paint an image of a courtroom that’s bewildered and exasperated by Mr. Cohen’s ways.

Cohen’s questions have been largely repetitive of supplies coated in prosecution’s examination. The prosecutions repeatedly challenged the relevance of the questions and engaged in a number of sidebars with the decide and the protection’s request. These interruptions led Decide Kaplan to specific his want to cut back the frequency of those sidebars, thereby sustaining the movement of the proceedings.

Decide Kaplan reportedly expressed his astonishment on the type of interrogation, stating, “Mr. Cohen, I’ve by no means seen the cross of a cooperator executed like this.”

Ellison’s position at Alameda and her relationship with Bankman-Fried was a recurring theme within the cross-examination. Cohen’s line of questions highlighted variations of their threat tolerance, enterprise imaginative and prescient, and even private types. Their contrasting views on the blockchain undertaking Solana, FTX’s enterprise mannequin, and their distinct stress administration types have been introduced into the highlight.

Cohen’s line of questioning additionally targeted on the administration of Alameda’s funds, the implications of their enterprise mannequin, and the utilization of their loans. In keeping with Ellison, the construction which Alameda employed, whereas being likened to a hedge fund, had benefits over conventional hedge funds because of its flexibility.

Caroline Ellison is among the many authorities’s star witnesses in its case in opposition to Bankman-Fried. Her testimony is ongoing at press time.

The put up SBF Trial: Decide reprimands protection counsel in Ellison cross-examination appeared first on CryptoSlate.





Source link

Related articles

Ripple CEO’s Previous Phrases On XRP’s Utility Resonate At present As Neighborhood Awaits ETF Resolution

Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure Ripple CEO Brad Garlinghouse’s feedback have lengthy emphasised that the worth of XRP is rooted in its utility within the...

How JD Vance performed a key function within the TikTok US deal, amid considerations concerning the VP performing as a company dealmaker within the...

Featured Podcasts Lenny's Podcast: A 4-step framework for constructing pleasant merchandise | Nesrine Changuel (Spotify, Google, Skype) Interviews with world-class product leaders and progress consultants to uncover actionable recommendation that can assist you construct, launch, and...

The Renaissance Of Actual Property Is Overblown, Contemplate IYRI As an alternative (BATS:IYRI)

This text was written byComply withRoberts Berzins has over a decade of expertise within the monetary administration serving to top-tier corporates form their monetary methods and execute large-scale financings. He has additionally made...

TotalEnergies expands Cognite partnership to scale industrial AI throughout world operations

TotalEnergies has entered a brand new section of its strategic partnership with Cognite, aimed toward scaling industrial synthetic intelligence (AI) throughout the entire firm’s operated upstream belongings worldwide.  ...

Week Forward – International Macro Occasions (Sep 30 – Oct 3, 2025) – Weekly Traits – 28 September 2025

Week Forward – International Macro Occasions (Sep 30 – Oct 3, 2025) The upcoming week is full of central financial institution updates and...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com