SBF Just Testified (!) | Web3 Daily

TL;DR

Sam Bankman-Fried is taking the stand in court docket as we write this (we anticipated to start out 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 start out subsequent week on the earliest).

We’ll get you updated on every thing we have discovered up to now, however we’ll begin by saying this:

First, the jury shouldn’t be within the room. The choose despatched them dwelling for some cause.

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 would 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 staff used, which allowed for messages to be auto-deleted, and the place the app matches in to FTX’s information retention coverage.

Mainly, the prosecution is attempting to say:

“You used an auto-deleting messaging app to cowl your tracks – although you knew full effectively it went towards your organization’s information 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 e mail.”

There you’ve got it – the online whole of two hours of cross examination.

Let’s hope tomorrow yields extra outcomes.