Cypher
(BTC) Bitcoin News TodayCryptocurrency RegulationEthereum (ETH)News

US DOJ Opposes Bankman-Fried’s Expert Witness From Testifying

The recent filing by the United States Department of Justice (DOJ) reveals the defense’s proposed professionals have several deficiencies that justify the seven witnesses’ exclusion.

The U.S DOJ has filed for excluding Sam Bankman-Fried’s suggested expert witnesses from being witnesses in the fallen crypto entrepreneur’s forthcoming trial in October. According to documents filed late Monday by the federal executive department, the proposed experts and associated revelations had several deficiencies that justified the exclusion of all seven witnesses.

Expert Witness Noncompliance with Minimum Criminal Proceedings Regulations

According to authorities, the experts fail to conform to minimum criminal proceedings regulations, and sentiments lack a sound methodology. The Department of Justice included that their testaments could be unethically injurious and complicated to the jury.

Cypher

The court must implement its gatekeeping mandate and exclude this forbidden expert testimony. The witnesses comprise one law professor, a business school assistant professor, one British lawyer, and five heads of four various consulting companies. Every expert witness needs to testify about FTX and Alameda Research’s accounting activities, terms of service, campaign finance regulations, software infrastructure, and blockchain technology’s fundamental use cases.

📰 Also read:  United States Spot Bitcoin ETF Maintains Performance, KANG Token Emerge

DOJ Seeks to Bar Expert Witness Citing Testimony Duplication

The Department of Justice is rejecting Joseph Pimbley, a Maxwell Consulting principal because his expertise concerning the fallen company’s code is needless and may result in testimony duplication. Further, the government mentions two witnesses, including Gary Wang, director of engineering, and Nishad Singh, ex-chief technology officer, as providing the appropriate competency.

Via the filings, the Department of Justice has suggested the need to conduct a Daubert hearing in case of the exclusion of several witnesses from the testimony. This hearing permits the two sides of a court case to evaluate the challenged expert via an open court to determine their acceptability.

So far, the FTX insolvency and Sam Bankman-Fried case have involved both parties presenting numerous legal requests. The latest occurred last week and involved attorneys in the FTX Estate’s command that the court permit the currently fallen exchange to stake its Ethereum and dispose of its Bitcoin as a hedge. 

📰 Also read:  Russia-Based Commodity Companies Embrace Cryptocurrency Transaction for International Business

Editorial credit: Sergei Elagin / Shutterstock.com


Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  Hong Kong Regulator Orders Crypto Project Worldcoin to Cease Operations

Cypher

Stephen Causby

Stephen Causby is an experienced crypto journalist who writes for Tokenhell. He is passionate for coverage in crypto news, blockchain, DeFi, and NFT.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content