{"id":23784,"date":"2023-10-01T02:02:43","date_gmt":"2023-10-01T02:02:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bankman-fried-to-face-familiar-faces-in-dojs-ftx-trial\/"},"modified":"2023-10-01T02:02:43","modified_gmt":"2023-10-01T02:02:43","slug":"bankman-fried-to-face-familiar-faces-in-dojs-ftx-trial","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bankman-fried-to-face-familiar-faces-in-dojs-ftx-trial\/","title":{"rendered":"Bankman-Fried to Face Familiar Faces in DOJ\u2019s FTX Trial"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Ahead of the impending trial involving former crypto mogul, Sam Bankman-Fried, the Department of Justice (DOJ) has dropped a hint on their key witnesses. It appears they plan to bring in ex-FTX clients, stakeholders, and employees to stand against him.<\/p>\n<p>Assistant U.S. Attorney Thane Rehn outlined in a recent letter the importance of these witnesses. According to him, they\u2019ll highlight their past experiences with FTX and shed light on their perception of Sam Bankman-Fried\u2019s statements and actions. Thane mentioned that the proposed testimonies would help understand the defendant\u2019s dealings, especially concerning FTX\u2019s treatment of clients\u2019 assets.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>It\u2019s clear that the DOJ aims to drive home the point of trust and breach of it. They\u2019re set to call on ordinary customers who moved assets worth several thousands of dollars, and big-time clients who shifted assets amounting to tens of millions, all under the assumption that FTX would be responsible for these funds.<\/p>\n<p>The DOJ\u2019s letter kept the details of the potential witnesses under wraps, only revealing that their time on the stand would be brief, mostly under half an hour, without extensive exhibits. However, names of three cooperative witnesses surfaced: Gary Wang, FTX\u2019s previous CTO; Nishad Singh, the former Head of Engineering at FTX; and Caroline Ellison, once the CEO of Alameda Research. All of them confessed to charges related to the exchange. Interestingly, another former exec, <a href=\"https:\/\/igaming.org\/crypto\/former-ftx-co-ceo-ryan-salame-to-plead-guilty-in-ongoing-case\/\">Ryan Salame<\/a>, admitted guilt but hasn\u2019t yet committed to testifying.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/doj-prepares-witness-list-for-upcoming-ftx-trial\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Ahead of the impending trial involving former crypto mogul, Sam Bankman-Fried, the Department of Justice (DOJ) has dropped a hint on their key witnesses. It appears they plan to bring in ex-FTX clients, stakeholders, and employees to stand against him. Assistant U.S. Attorney Thane Rehn outlined [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":23785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23784"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23784"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23785"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}