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SBF Frustrated by Delayed Evidence Amid FTX's AI Stock Sale Plans

source-logo  coingabbar.com 07 June 2023 12:01, UTC
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Sam Bankman-Fried, former CEO of FTX, claims that prosecutors in his criminal trial have failed to produce over 3.6 million documents, according to his lawyers. The documents, including contents from electronic devices belonging to key individuals, were due for discovery by the end of March. Bankman-Fried's defense team expressed concerns about the late production of important evidence, potentially impacting trial preparation. Bankman-Fried is set to face fraud charges, accusations of illegal political donations, and bribes on October 2. Meanwhile, FTX bankers associated with the bankrupt exchange are reportedly considering selling hundreds of millions of dollars' worth of shares in AI startup Anthropic.

coingabbar.com