Judge Kaplan allows charitable contributions to be admitted while denying other pre-trial requests

cyptouser1 years agoCryptocurrencies News215

Judge Lewis Kaplan largely upheld his pretrial evidentiary rulings in the case against FTX founder Sam Bankman-Fried, according to an Oct. 11 court filing.

Kaplan granted reconsideration on certain issues challenged by Bankman-Fried’s defense but maintained his decisions to preclude arguments about FTX’s lack of regulation and evidence related to the firm’s bankruptcy proceedings.

The judge did clarify that he would allow evidence of Bankman-Fried’s charitable contributions and philanthropy, provided it is offered for a proper purpose rather than to demonstrate a lack of criminal propensity.

In the filing, Kaplan rejected claims that his rulings were inconsistent. He disagreed with the defense’s assertion that it had opposed the government’s motion to block arguments about FTX’s regulatory status.

Bankman-Fried faces fraud and conspiracy charges in the collapse of the FTX cryptocurrency exchange.

His attorneys had requested reconsideration and clarification of Kaplan’s evidentiary decisions in an Oct. 2 letter. While granting reexamination on specific points, Kaplan largely adhered to his original rulings.

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Bridging commerce, culture and gaming: An ecosystem for complete digital identities

Bridging commerce, culture and gaming: An ecosystem for complete digital identities

1205f261˃While Web3 struggles to blend virtual experiences with real-world rewards, Metropolis intro...

Japanese listed firm adds Bitcoin as reserve asset with 117 BTC

Japanese listed firm adds Bitcoin as reserve asset with 117 BTC

55966e89˃Publicly traded investment firm Metaplanet has added Bitcoin (BTC) as a reserve asset in re...

AI needs authentic information at scale, and this is how blockchain can deliver

AI needs authentic information at scale, and this is how blockchain can deliver

55966e89˃The “information is the oil of the 21st century” narrative, penned by former Gartner exec P...

The role of blockchain in democratizing technology — Interview with Ankr

The role of blockchain in democratizing technology — Interview with Ankr

55966e89˃As the blockchain space expands into an ecosystem of different networks and protocols, inte...

Binance CEO says Nigeria is detaining US exec as a control tactic, reveals bribe demands

Binance CEO Richard Teng has called for the release of Tigran Gambaryan, the exchange’s detained exe...

Fidelity files for spot Ethereum ETF, trailing BlackRock's lead by two days

Fidelity Investments has filed for a spot Ethereum exchange-traded fund (ETF), as seen in a filing w...