The Prosecution’s Case Against SBF
The prosecution in SBF’s court case has produced a 70-page document outlining the charges against him, with a focus on illegal political campaign contributions. The defense’s request for the dismissal of these charges has been denied.
Caroline Ellison’s Personal Notes
The prosecution plans to use Caroline Ellison’s personal notes and archives as evidence. These notes, labeled “Things Sam Is Freaking Out About,” were criticized by the defense as hearsay. However, the prosecution argues that they are admissible evidence, as they were used to keep track of off-the-books dealings.
Breach of Campaign Donation Law
The prosecution intends to use text messages to and from FTX’s C-Suite members as evidence of a breach of political campaign donation law. Nishad Singh and Ryan Salame are accused of donating funds to both sides of Congress on behalf of SBF. Salame’s text messages suggest a plan to support pro-crypto candidates.
Ryan Salame’s Involvement
Ryan Salame, who is also facing accusations of campaign finance law violations, will not be a witness in the case. He has chosen to plead the 5th amendment to avoid incriminating himself. Salame donated over $24 million to Republican representatives, suggesting that the funds did not come from his own pocket.
Hot Take
The prosecution’s case against SBF is becoming increasingly strong with the introduction of new evidence. The use of personal notes and text messages adds weight to the accusations of illegal campaign contributions. It remains to be seen how SBF’s defense will counter these claims.
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