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TL;DR
Sam Bankman-Fried is taking the stand in court docket as we write this (we anticipated to begin subsequent week on the earliest).
Each the protection and prosecution are taking their candy time with questioning – each have spent the higher a part of two hours cross inspecting SBF, and never a complete lot has been stated or revealed.
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Woah! Okay, that was quick.
Sam Bankman-Fried is taking the stand in court docket as we write this (we anticipated to begin subsequent week on the earliest).
We’ll get you updated on every part we have realized up to now, however we’ll begin by saying this:
First, the jury will not be within the room. The choose despatched them residence for some purpose.
Second, each the protection and prosecution are taking their candy time with questioning – each have spent the higher a part of two hours cross inspecting SBF, and never a complete lot has been stated or revealed.
If we needed to guess, we might wager that this testimony goes to go on for a great minute.
Okay, this is the gist of what is been mentioned up to now:
The primary focus up to now has been on Sign, the messaging app that Sam and different FTX workers used, which allowed for messages to be auto-deleted, and the place the app matches in to FTX’s knowledge retention coverage.
Principally, the prosecution is making an attempt to say:
“You used an auto-deleting messaging app to cowl your tracks – despite the fact that you knew full nicely it went towards your organization’s knowledge retention coverage.”
To which Sam is responding, one thing to the impact of:
“The coverage was kinda obscure – it did not have guidelines about Sign particularly – simply electronic mail.”
There you’ve got it – the online complete of two hours of cross examination.
Let’s hope tomorrow yields extra outcomes.
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