The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

U.S. DOJ Wins Motion To Prevent Proposed Sam Bankman-Fried Witnesses From Testifying in FTX Trial

by Mehron Rokhy
September 22, 2023
in Regulators, Scams, Hacks & Breaches

The U.S. Department of Justice (DOJ) has successfully won a motion to prevent Sam Bankman-Fried’s proposed expert witnesses from testifying in the upcoming FTX trial.

A new court filing reveals that Bankman-Fried’s proposed witnesses either failed to meet the standards of being able to testify or were excluded due to the government’s request.

In the document, the DOJ won a motion to exclude testimony from law professor and former Federal Election Commission Chairperson Bradley Smith, saying that his testimony aims to instruct the jury on issues of the law or is irrelevant.

The government further won a motion to exclude Lawrence Akka, a British lawyer, from testifying as his testimony would include commentary on FTX’s terms of service. According to the law, experts may not offer “legal opinions as to the meanings of contract terms at issue.”

Another witness denied by the court due to the prosecution’s request was Dr. Peter U. Vinella, a financial industry consultant. He was denied because he would only provide background information which was found to have “limited to no bearing on the issues in this case” and could potentially mislead the jury.

Furthermore, some of the defense teams’ proposed witnesses failed to live up to the standards of being admitted and were rejected. These include data analytics and forensics expert Brian Kim, Andrew Di Wu, an assistant professor at the University of Michigan, and Thomas Bishop, who works for a consulting firm.

However, the judge said that it may be possible for the defense to call Bishop and Kim to rebuttal the testimony of Peter Eason, a special agent of the Federal Bureau of Investigation (FBI).

Bankman-Fried is accused of defrauding investors and mishandling billions of dollars worth of customer funds. His trial is set to commence in October of this year. If convicted, he faces decades behind bars.

Last week, prosecutors made objections to Bankman-Fried’s lawyer’s proposed questions for potential jurors. Bankman-Fried’s parents are also being sued by FTX over alleged misallocation of funds.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • PEPESCAPE Launches Crypto Presale, Combining Memecoin Culture With Decentralized Finance Ecosystem
    July 10, 2025
  • Aptos Labs Expands Leadership With New Chief Business Officer
    July 10, 2025
  • Falcon Finance Unlocks Real-World Asset Utility With First Live USDf Mint Using Tokenized Treasuries
    July 10, 2025
  • MBG Token Pre-Sale Set for July 15 – Only Seven Million Tokens Available at $0.35
    July 10, 2025
  • YZi Labs Invests in Aspecta To Pioneer Universal Price Discovery Infra for Trillion Illiquid Assets
    July 10, 2025
  • NovaEx Launches With a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure
    July 9, 2025
  • Threshold Network’s tBTC Is Now Live on Sui – Ushering In a New Era for Bitcoin DeFi
    July 9, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$115,916.06
$115,916.06
4.09%
Ethereum
$2,949.70
$2,949.70
6.36%
BNB
$685.28
$685.28
2.37%
Solana
$163.91
$163.91
4.24%
XRP
$2.55
$2.55
5.85%

Spotlight

  • Trader Issues Urgent Bitcoin Alert, Says BTC Indicator That’s Predicted Major Crashes Is Flashing Red – Here Are His Targets
    July 3, 2025
  • Standard Chartered Bank Hit With $2,700,000,000 Lawsuit Over Alleged Role in Malaysian Sovereign Wealth Fund Fraud
    July 3, 2025
  • Two Billion-Dollar Banks Suffer Data Breaches – Names, Social Security Numbers and Account Details of 1,890 People Impacted
    July 3, 2025
  • Medicare and Medicaid Data Breach Hits 103,000 Americans As Fraudulent Accounts Opened Using Victims’ Personally Identifiable Information
    July 3, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl