Sam Bankman-Fried’s Defence Against Fraud Charge Is ‘Irrelevant’ And Should be Struck Down, Prosecution Says

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The legal saga involving Sam Bankman-Fried and his collapsed cryptocurrency exchange, FTX, has taken a new twist, with the Department of Justice (DOJ) arguing his defence strategy is ”irrelevant” and should be struck down

The DOJ argued in an Aug. 29 filing that his defence that his lawyers approved his alleged fraudulent activities during his tenure at FTX lacks sufficient detail to be considered valid.

doj rulling

Sam Bankman-Fried’s Defence Also Is ”Confusing,” DoJ Says

Attorney Damian Williams argues that Bankman-Fried’s defence is “irrelevant, confusing, and prejudicial” unless further details and context are provided. The government suggests that Bankman-Fried should specify the legal advice he received or reconsider his defence entirely.

In response, Bankman-Fried’s attorney, Mark Cohen, contends that adequate disclosures about the defence strategy have been made while waiting for the government’s full evidence disclosure. 

Cohen asserts that Bankman-Fried’s limited internet access in jail violates his Sixth Amendment rights to prepare his defence effectively.

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