UNCHAINED: SBF’s Lawyers Could Be Annoying the Judge | How Might That Impact the Trial?
Sam Enzer, partner at Cahill Gordon & Reindel, and Brian Klein, partner at Waymaker, discuss the strategies that the defense and prosecution appear to be using, and why the testimonies from FTX software developer Adam Yedidia, FTX cofounder Gary Wang, and others to come will be so damaging for the defense.
The first week of the criminal trial of former FTX CEO Sam Bankman-Fried has come to a close, with his former friends and FTX colleagues Adam Yedidia and Gary Wang delivering powerful testimonies that are forming the foundations for the prosecution’s arguments — arguments that the defense may have a difficult time surmounting. Sam Enzer, partner at Cahill Gordon & Reindel, and Brian Klein, partner at Waymaker, discuss Alameda’s special privileges coded into the FTX software, the reason why a scorched FTX customer may have been chosen as the first witness, and why upcoming key witnesses are going to be a “real problem” for the defense.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or your favorite podcast platform.
Show highlights |
What we learned about the prosecution and defense’s strategies after the first week of the trialHow the jury being mostly non-finance professionals may impact deliberationsWhy Brian believes someone “out of the mainstream” would make an ideal juror for the defenseWhy Sam believes the defense’s opening was stronger than the prosecution’sWhich arguments may be the most difficult for Sam Bankman-Fried's lawyers to defendWhy the defense’s “building a plane as you’re flying” analogy may come back to hurt them in closingWhy Sam believes the order of the witness testimony so far is helping the prosecution build the foundation of its caseWhether Adam Yedidia’s testimony was effective at establishing him as a credible witnessWhether the fact that some witnesses are cooperating to avoid prison time will impact the jury’s decisionWhat Gary Wang, former CTO of FTX, revealed about Alameda's special privileges coded into FTX software and how it wasn’t an “oversight”Whether Judge Kaplan is growing impatient with the defenseWhether the prosecution's objections were sustained reasonably by Judge KaplanWhy upcoming insider witnesses pose a “real problem” to the defenseWhy Gary Wang, Nishad Sigh, and Caroline Ellison could very well serve no prison timeWhy it's "not even an open question" that the defense team will appeal if they lose the caseThank you to our sponsors! Crypto.com | LayerZero | Popcorn Network
Guest: |
Sam Enzer, partner at Cahill Gordon & Reindel
Previous appearance on Unchained: SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
Brian Klein, partner at Waymaker
Previous appearance on Unchained: SBF Behind Bars: Why Revoked Bail Is a Big Deal for Crypto’s Biggest Trial
Links |
Previous coverage by Unchained on the trial of Sam Bankman-Fried:
Sam Bankman-Fried Trial: Here's Everything That Happened So Far
SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family
SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact
SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges
Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?
Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out
SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
The High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect
In the SBF Case, Elite Corruption Is What’s Really on Trial
Business Insider:
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Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
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