{"id":18469,"date":"2023-09-28T02:41:43","date_gmt":"2023-09-28T02:41:43","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=18469"},"modified":"2023-09-28T02:41:43","modified_gmt":"2023-09-28T02:41:43","slug":"fraud-drugs-and-political-donations-new-judge-rulings-are-brutal-against-disgraced-crypto-bro-sam-bankman-fried-trial-set-to-begin-next-week","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=18469","title":{"rendered":"Fraud, Drugs, and Political Donations: New Judge Rulings Are BRUTAL Against Disgraced \u2018Crypto Bro\u2019 Sam Bankman-Fried \u2013 Trial Set to Begin Next Week"},"content":{"rendered":"

In the Metropolitan Detention Center (MDC) in Brooklyn, SBF is a shadow of his former self<\/strong> \u2013 internet is slow, no vegan meals and the Adderall supply is limited<\/a>. Before he was an inmate awaiting his next week trial for a high-profile fraud case, disgraced Crypto Bro Sam Bankman-Fried was a liberal billionaire beloved by the MSM, a young prodigy went on to become the second biggest donor to the Democrat Party, after only George Soros.<\/p>\n

He was also alleged in his indictment to be \u2018the mastermind and leader of a multi-year criminal scheme that involved defrauding investors, lenders, and retail customers of billions of dollars, and spending fraud proceeds to corruptly influence United States politics\u2019<\/em>.<\/strong><\/p>\n

Now, the judge in his case allowed prosecutors to discuss\u00a0Sam Bankman-Fried\u2019s political donations\u00a0at the trial, because he understood that the contributions \u2018are relevant to the\u00a0fraud charges\u2019\u00a0faced by SBF.<\/p>\n

New York Post<\/a> reported:<\/p>\n

\u201cUS District Judge Lewis Kaplan in Manhattan said evidence of the former billionaire\u2019s donations were \u2018intertwined inextricably\u2019 with charges he defrauded FTX customers by stealing billions of dollars in deposits.<\/em><\/p>\n

\u2018Evidence that the defendant spent FTX customer funds on political contributions is direct evidence of the wire fraud scheme because it is relevant to establishing the defendant\u2019s motive and allegedly fraudulent intent\u2019, Kaplan wrote.\u201d<\/em><\/p>\n

The Feds had initially charged SBF with conspiring to\u00a0break campaign finance laws, but had to drop the campaign finance charge after the Bahamas protested it was not part of the agreement to extradite him.<\/p>\n

\u201cProsecutors said he used $100 million in stolen FTX deposits to fund those donations, which he hoped would spur the passage of crypto-friendly legislation.<\/em><\/p>\n

In his ruling, Kaplan also rejected Bankman-Fried\u2019s request to bar prosecutors from telling jurors that FTX had declared bankruptcy and he had resigned as chief executive.\u201d<\/em><\/p>\n

Kaplan said such evidence would be relevant at trial.<\/p>\n

Fortune<\/a> reported:<\/p>\n

\u201cIn a 16-page order, U.S. District Judge Lewis Kaplan agreed to let the prosecution present evidence to the jury that Bankman-Fried sought to bribe a Chinese official in hopes of getting access to $1 billion in funds the country had frozen. While the government has not charged Bankman-Fried with a crime in relation to the alleged incident in the upcoming trial, Kaplan found evidence about the bribe could support allegations about his motive for looting customer funds.\u201d<\/em><\/p>\n

Judge Kaplan had other hard rulings for SBF\u2019s defense.<\/p>\n

The defendant will not be able to tell the jury about his philanthropic work and charitable donations.<\/p>\n

The prosecution will be able to introduce evidence from FTX\u2019s television commercials.<\/p>\n

DOJ also can introduce evidence that Fried ordered the Alameda\u2019s CEO Caroline Ellison<\/a> to amass digital tokens, like FTT and Serum that Bankman-Fried had created and endorsed.<\/p>\n

He will also prevent Bankman-Fried from blaming regulators or FTX\u2019s lawyers for his predicament.<\/p>\n

\u201cThe judge, however, didn\u2019t side with the prosecution\u2019s request to stop Bankman-Fried\u2019s legal team from cross-examining witnesses\u2014likely Ellison and other top lieutenants\u2014about their recreational drug use. The Justice Department had argued that doing was not relevant to the \u2018witness\u2019s truthfulness and would serve only to harass the witness and prejudice the jury against them\u2019.\u201d<\/em><\/p>\n

SBF has\u00a0pleaded not guilty to all charges, his trial set to begin next week.<\/p>\n

Read more about SBF:<\/strong><\/p>\n

Sam Bankman-Fried Having a Tough Time Ahead of October Trial: Judge Rejected His Expert Witnesses \u2013 Appellate Court Denied Plea for Freedom \u2013 His Parents Sued by FTX for Stealing Company Funds<\/a><\/p>\n\n

\u00a0<\/p>\n

Sam Bankman-Fried Having a Tough Time Ahead of October Trial: Judge Rejected His Expert Witnesses \u2013 Appellate Court Denied Plea for Freedom \u2013 His Parents Sued by FTX for Stealing Company Funds<\/a><\/p>\n\n

The post Fraud, Drugs, and Political Donations: New Judge Rulings Are BRUTAL Against Disgraced \u2018Crypto Bro\u2019 Sam Bankman-Fried \u2013 Trial Set to Begin Next Week<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

In the Metropolitan Detention Center (MDC) in Brooklyn, SBF is a shadow of his former self \u2013 internet<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-18469","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nFraud, Drugs, and Political Donations: New Judge Rulings Are BRUTAL Against Disgraced \u2018Crypto Bro\u2019 Sam Bankman-Fried \u2013 Trial Set to Begin Next Week - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=18469\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fraud, Drugs, and Political Donations: New Judge Rulings Are BRUTAL Against Disgraced \u2018Crypto Bro\u2019 Sam Bankman-Fried \u2013 Trial Set to Begin Next Week - 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