Jury Instruction: The Fine Print Defense

Sam Bankman-Fried's Legal Team Makes Final Push to Include 'English Law' in Jury Instructions

Bankman-Fried’s Defense Team’s Last-Ditch Bid for ‘English Law’ Detail in Jury Instructions.

Attention all crypto investors! Buckle up, because we’ve got another twist in the Sam Bankman-Fried trial. His crafty attorneys are pulling out all the stops, hoping to score a “not guilty” verdict using a little something called English law.

Now, you might be scratching your head and wondering how English law could possibly save our beloved FTX founder from the clutches of fraud charges. Well, my friends, it all comes down to the fine print.

You see, the government claims that for misappropriation to have occurred, there must have been a trust or fiduciary relationship between FTX and its customers. But Sam’s legal eagles are arguing that the Terms of Service, the holy grail of legal jargon, governed FTX’s relationship with its customers. And guess what? These terms are “governed by… English law.”

I can hear you now, thinking, “Hold on a second! What does English law have to do with anything?” Well, under English law, the Terms of Service don’t create a trust relationship or any fancy fiduciary obligations. To put it simply, just because you thought there was a special bond between you and FTX doesn’t mean it actually existed. Sorry, folks!

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To support their case, Sam’s attorneys even provided examples from jolly ol’ England. They’re really trying to hammer home the point that the Terms of Service are as solid as Big Ben and should be the be-all and end-all when it comes to determining guilt or innocence.

Now, before you get too excited, we should mention that the Department of Justice has yet to respond to this jaw-dropping defense strategy. A previous filing from the DOJ indicated that they believe focusing solely on the Terms of Service under English law is, shall we say, a tad misleading.

According to those DOJ folks, it’s not enough to simply pore over the terms like a diligent Sherlock Holmes. They think the jury should dig deeper and consider Sam’s past statements, along with the common understanding of us crypto customers. After all, there’s more to this case than meets the eye – like the exchange’s marketing tactics and what they meant for us poor souls.

In the midst of all this legal wrangling, Judge Kaplan is the man of the hour. He plans to hold a jury charge conference once both sides have had their say. Picture it: a courtroom battle where the lawyers duke it out, defending their versions of the jury instructions. It’s like Game of Thrones, but with legal jargon instead of dragons!

By the way, have you heard the juicy details about Sam taking the stand? Oh yes, he spilled the digital beans, and now he’s going through a marathon cross-examination. Will he come out unscathed? The DOJ seems pretty confident that they can wrap it all up by Tuesday morning. Talk about your cliffhangers!

So, my fellow crypto enthusiasts, stay tuned because the drama doesn’t stop here. The trial of Sam Bankman-Fried continues, and we’ll be here to keep you informed and entertained. After all, justice may be blind, but it doesn’t have to be boring!

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