Home › Forums › From Crypto Success to Legal Challenges: The Sam Bankman-Fried Trial › Judge Rules on Bankman-Fried’s Attorney Role Emphasis – Update 2nd October 2023 – Short summary › Reply To: Judge Rules on Bankman-Fried’s Attorney Role Emphasis – Update 2nd October 2023 – Short summary
Everyone has their eyes on Bankman-Fried’s fraud trial. The recent rule by Judge Kaplan indicates that SBF’s legal team cannot use the “advice of counsel” to bail him out.
Furthermore, according to the Washington Post, US prosecutors will charge SBF for using political operations to attract users to his fraud scheme aka FTX. In other words, he deliberately used politics to gain public trust and gain more users in his now-bankrupt FTX exchange. Knowing SBF, he had a big political influence in early 2022, he funded a few US political campaigns to gain favor. Surprisingly, none of them have openly defended Sam, probably to avoid any investigation from the court.
Will the court summon any politicians supported by SBF? That’s big a question now.