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DOJ Seeks Exclusion of Expert Witnesses in FTX CEO’s Trial, Citing Lack of Basis and Relevance

Fraud, Bribery & CorruptionDOJ Seeks Exclusion of Expert Witnesses in FTX CEO's Trial, Citing Lack of Basis and Relevance

The U.S. Department of Justice (DOJ) has filed a motion requesting that all seven expert witnesses proposed by FTX CEO Sam Bankman-Fried be excluded from testifying in his upcoming trial, scheduled for October. The DOJ argues that the proposed experts’ disclosures and opinions lack proper basis, reliable methodology, or relevance to the case. It also claims that some of the opinions amount to inadmissible hearsay or are inappropriate subjects for expert testimony.

The seven expert witnesses in question include individuals with legal, consulting, and academic backgrounds. They were supposed to provide expert opinions in various areas relevant to the case.

In response, Bankman-Fried’s lawyers have requested the exclusion of the government’s expert witness, Peter Easton, an accounting expert. They argue that Easton’s testimony lacks proper disclosure of reasons for his opinions, contains conclusions outside his expertise, and constitutes impermissible expert narration of evidence.

Bankman-Fried is facing eight criminal charges, including wire fraud, commodities fraud, securities fraud, money laundering, and conspiracy. His trial is set to begin on October 2, and a second trial on additional charges is scheduled for March 11, 2024.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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