The U.S. Department of Justice (DOJ) says FTX co-founder Sam Bankman-Fried’s co-conspirators, who have already pleaded guilty, will be called to the witness stand in a trial against the disgraced former billionaire.
In new court documents, the US government tells Judge Kaplan that it expects to interview various types of witnesses, including FTX customers and investors.
The government also expects to call former colleagues of Bankman-Fried who have already entered guilty pleas.
Says the DOJ,
“The government expects to call certain witnesses who have entered guilty pleas to participating in a conspiracy to commit wire fraud against the defendant and who are testifying pursuant to cooperation agreements, as well as witnesses who will testify pursuant to a grant of immunity for their testimony.
The government expects that these witnesses will testify about their interactions and conversations with the suspect, including their understanding of the meaning of statements and instructions given to them by the suspect. This co-conspirator testimony is evidence of the manner in which the conspirators agreed to carry out the plan and the method by which they communicated in furtherance of the plan.”
To date, four FTX executives have pleaded guilty to charges related to the stock market’s collapse, including former FTX Digital Markets CEO Ryan Salame, former FTX director Nishad Singh, co-founder Gary Wang and former Alameda Research CEO Caroline Ellis.
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