In 30 minutes: a hearing on whether Sam Bankman-Fried will be remanded to jail after leaking to the press private diary entries of a witness in his case.
Sam Bankman-Fried has filed motions to dismiss all but three charges in the criminal case against him.
The charges he is not contesting atm are:
5. Conspiracy to commit commodities fraud
6. Conspiracy to commit securities fraud
and
11. Conspiracy to commit money laundering
SBF and his team are arguing in their motion in limine that any evidence from discovery produced to the defense after July 1 should be excluded, accusing the government of failing to meet discovery deadlines.
They say that the government produced 750,000 pages of Slack messages from Gary Wang's laptop on August 11, and that they won't have time to go through that quantity of material by the trial date (less than two months away)
The government is alleging that Sam Bankman-Fried shared diary entries by Alameda CEO and former girlfriend Caroline Ellison with the NYT. They describe this as "selectively sharing" documents in an attempt to portray her as a "jilted lover who perpetrated these crimes alone".
In the criminal trial against Sam Bankman-Fried, the judge just granted the USA's motions to exclude testimony from all seven expert witnesses he has proposed.
Sam Bankman-Fried has responded to allegations that he shared documents with the New York Times in an attempt to influence the jury (see prev toot thread beginning at https://hachyderm.io/@molly0xfff/110752975615042242)
The reply claims "nothing improper" occurred, and rails against a "toxic media environment" towards SBF.
Conversation in the "donations processing" signal chat reveals that Sam Bankman-Fried donated $1 million to Beto O'Rourke, then went back on it. They discussed pressuring the campaign into returning $900k, and pretending the donation was an error to "minimize PR issues for all"
The government is asking Judge Kaplan to revoke Sam Bankman-Fried's release after he leaked Caroline Ellison's diary entries to the New York Times last week.
"The Government intends to offer into evidence certain handwritten and typed notes that Ellison maintained to keep track of the conspiracy’s activities... Ellison’s personal notes and to-do lists include entries such as a list titled 'Things Sam is Freaking Out About'..."
Also introduced as an exhibit yesterday: the document in which Sam Bankman-Fried recaps a dinner party hosted by super-networker Michael Kives (with Michael Lewis tagging along, btw), to whom SBF paid $200MM, and wanted to give $1B for VC
Sam Bankman-Fried appealed Judge Kaplan's decision to revoke his bail after he leaked Caroline Ellison's diary entries to the New York Times. That appeal has just been denied by the 2nd Circuit.
An independent examiner will be appointed in the #FTX bankruptcy case after all, thanks to a Third Circuit decision overturning the bankruptcy judge's decision not to appoint one.
May this era of Elon Musk, Sam Bankman Fried, Elizabeth Holmes, etc. teach us the stupidity of worshiping self appointed industry Messiahs, cult of personality business models, and the notion that Silicon Valley and Stanford are the ones (hell according to the mythology the only ones) who will drive us into a better future. Frankly, more often than not they drive us to dystopias rather than a better future for anyone other than themselves. #FTX#ElonMusk#SiliconValley#techbros#TechBrosShouldNotExist#BillionairesShouldNotExist FTX’s Organizational Chaos
Thurs 6/29 - FL Sticks With Old Bar Exam, AMC Meme Shareholders Try for Class Certification, FTX Sues SBF and Lawyer, Littler Wins Big on Starbucks Anti-Union and OpenAI Sued for Scraping
We have #FL declining to adopt the new #barexam, #AMC shareholders trying to certify a class, #FTX sues #SBF and their lawyer, Littler wins big on #Starbucks#labor strife and #OpenAI of #ChatGPT fame sued for scraping.
We've been hearing an increasing number of reports of trans people's GPs refusing to prescribe their HRT to them - even if they have a letter from an NHS gender clinic requesting that they do.
I've got a bet with someone that it will be 10 years or less, but that's not really based on anything other than gut feeling. Happy to be proven wrong, although I have to buy the other person a t-shirt if I lose... 😐
Sam Bankman-Fried sentence due on Thursday — here’s what to expect