SBF's lawyers plan to call an expert witness to counter the testimonies of Caroline Ellison, Gary Wang, and others

2023-10-24 18:39:45

Collection

ChainCatcher news, according to Cointelegraph, Sam Bankman-Fried's (SBF) lawyer stated in a letter to New York District Judge Lewis Kaplan that Joseph Pimbley of the litigation consulting firm PF2 Securities will testify on behalf of SBF. Pimbley will testify based on information from the FTX database, demonstrating that the credit line between Alameda and FTX "fluctuated between approximately $1 billion and $3 billion" from October 2021 to September 2022, and saw a decline in June 2022.

Joseph Pimbley will also refute the testimonies of Caroline Ellison, FTX co-founder Gary Wang, former FTX engineering director Nishad Singh, and former FTX employee Adam Yedidia regarding the Alameda credit line and FTX customers' use of margin trading. Joseph Pimbley is one of the seven expert witnesses previously proposed by SBF's legal team, whom Judge Kaplan had earlier barred from testifying.

(Source Link)

Related tags

SBF Caroline Ellison Gary Wang

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

Latest developments in the SBF trial are being continuously tracked.

After being detained for 9 months and 20 days, FTX founder Sam Bankman-Fried officially appeared in court on October 3, and witnesses began to testify, attempting to uncover the various mysteries behind FTX and SBF...

Column