Breaking News on the Sam Bankman-Freed Case at FTX

FTX News: The Department of Justice (DOJ) requires that all expert witnesses presented Sam Bankman-Fried

are not allowed to testify. In addition, a team of defense lawyers is trying to eliminate one of the alleged witnesses for the prosecution.

Meanwhile, FTX customers are facing issues caused by a post-attack phishing email. SIM card replacement.

Let’s see all the details below.

FTX Customers Receive Phishing Emails After SIM Swap Attack: New Issues Arise for Sam Bankman-Fried

As expected, FTX customers are still facing a number of issues, even though it has been several months since the exchange closed.

In particular, these problems prevent millions of users from accessing billions of capital placed on an exchange that is going through hard times.

Recently, some former users have become victims new phishing attack this involved their registered emails on FTX.

This attack happened just a week after that. Krolla bankruptcy worker suffered a SIM swap attack.

This latest attack resulted in the disclosure of personal customer data such as account balances, phone numbers and home addresses.

Client data of other bankrupt crypto firms such as genesis

and credit institution BlockFiwere compromised in the same attack.

Fortunately, the cryptographic passwords of the accounts and other sensitive data remained intact. However, customers have been warned to beware of potential scammers who may try to take advantage of the situation.

Those who gained access to this sensitive information quickly took advantage of the situation by sending fraudulent emails promising to return lost funds to creditors on the condition that they connect a crypto wallet to the account.

Phishing emails threaten cryptocurrency balances: details

The emails claim that withdrawals will be made in USDC, which corresponds to the balances of tokens stored in the wallet at the time the platform was closed. The phishing email says that you can withdraw money to ERC20 wallet external by clicking on the provided link.

It is important to note that connecting your wallet to such a phishing email may result in the loss of your tokens, as the transfer may require the disclosure of sensitive data such as private keys.

Be aware that a SIM swap attack occurs when scammers trick a cell phone operator into activating a SIM card under their control.

Subsequently, the scammers select phone numbers and use the victim’s information to steal passwords, financial data, cryptocurrencies, and other valuable assets.

Witness Credibility Controversy in FTX Case: Sam Bankman-Freed’s Proposed Experts Disputed

The requirement, set out by prosecutors in a document Monday, is that all witnesses proposed by Sam Bankman-Freed, founder of FTX, are forbidden to testify.

According to the statement, there are several reasons for this request. First, the disclosure documents submitted by these witnesses were evaluated inadequate.

In addition, there are concerns that their experience may lead to false testimony or that their planned statements may be irrelevant.

On the other hand, Bankman-Fried’s legal team is trying to eliminate an expert proposed by the Justice Department. The basis for this request is that the alleged evidence may not be admissible under the rules of procedure.

Petitions dober, presented on Monday highlight the opposing views on both sides regarding the legitimacy of some of the witnesses who could be called in the Bankman-Freed trial.

Department of Justice he is trying to remove seven expert witnesses nominated by the Bankman-Freed team. Prosecutors contend that some of the testimonies of these witnesses are not detailed enough to fully understand their point of view.

Some of these statements are considered inappropriate as expert testimony, while others may cause confusion among jurors.

Recall that we are talking about witnesses. Lawrence AkkaBritish lawyer; Thomas Bishop and Joseph Pimbleyconsultants of various companies; Brian Kimexpert in data analysis and forensic medicine; Bradley SmithProfessor of Law, Faculty of Law, Capital University e Andrew DiVu, assistant professor at the University of Michigan.

Legal Definitions and Missing Details in the Bankman-Fried Case

According to the Ministry of Justice, Akka’s testimony should be excluded because it concerns legal definition of the concept of “trust”, aspect to be determined by the judge.

Moreover, this evidence appears to be limited to just one example.

Neither Kim nor Bishop provided sufficient detail regarding the specific content of their testimony, which goes beyond general topics that are not allowed under the rules.

Smith’s testimony is considered redundant because the DOJ has not been charged with campaign finance on which the professor allegedly gave his opinion.

Smith’s testimony should also be excluded because, as with Akka, he will attempt to explain legal concepts to jurors.

Finally, Pimbley’s proposed testimony as an expert on FTX codes was called “unnecessary” by the Justice Department.