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jay5627 t1_j08uejm wrote

Do they really need someone to flip? Hasn't he basically admitted to fraud in the interviews he has done recently

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PhillyFreezer_ t1_j08w6sn wrote

Very different to beating A+ lawyers in front of a jury who doesn’t know shit about Crypto or finance lol

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qdpb t1_j095vkq wrote

How is it very different?

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PhillyFreezer_ t1_j09wuyn wrote

He’s got really good lawyers and would be in from to a jury. They’ll spend half the trial explaining what crypto is before they can even get to the evidence of why he was committing fraud.

Go look at his interviews recently. Finance speak for a shmuck like me doesn’t make sense at all, so it’s very hard to tell when he’s lying and when he’s not. That’s my fear at least. His lawyers are very good at their jobs

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Swagyolodemon t1_j0aajld wrote

He’s screwed homie. He’s been a dead man walking for a while. His counsel is likely going to spend the whole time arguing his ignorance but the facts are overwhelming.

Edit: Should add that the DOJ are going to bring just as good, if not better, lawyers. There are some incredibly talented attorneys that work for them.

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InterscholasticPea t1_j0b1l7c wrote

If I were the judge, I would skip the crypto part. Who cares what assets FTX is holding? He failed at being a custodian of customer funds and move them to a trading firm in which he owns majority.

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Swagyolodemon t1_j0cdu2h wrote

It’s also just not that pertinent of an issue. The questions are whether he lied to shareholders and customers.

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InterscholasticPea t1_j0cf1ec wrote

Agreed. My point is the tech (crypto, blockchain technology) has nothing to do with the suppose fraud except it’s an asset and mechanism for transport

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LearnProgramming7 t1_j0ahzxk wrote

Bro that would bore the jurors to tears. That is a very poor litigation strategy.

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JackMeHoff266 t1_j0a0d42 wrote

Depends if that confession can be admissible in court. I’d assume that his lawyers will argue against that being a credible confession or admission. Flipping someone would build a stronger case against SBF

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jay5627 t1_j0a51sf wrote

Why wouldn't it be admissible? It was for public consumption

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JackMeHoff266 t1_j0ellom wrote

That’s not for me to decide- most likely his lawyers will try to prevent that interview from being used as evidence in court. I’m guessing they would argue that it’s not a formal confession or it may have been misleading.

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