I wanted to wait until the government had its chance to reply, before even linking SBF's mom's filing -- seeking a new felonies trial, for her lil' boy. [One of my many backgrounders, here.]
That filing is -- to put it mildly. . . fatuous -- stem to stern.
The above (in my first line) is the only link I will offer for it.
Below, I quote at length from the AUSAs' cogent reply to it.
This is a perfect statement of the applicable felony laws, and a muscular argument against the boy's, and his mom's. . . wildly-narcissistic belief that the federal criminal laws should only apply to the little people.
Let's listen in / read along:
. . .The defendant was convicted of orchestrating one of the largest frauds in history, stealing more than $8 billion from the customers of his cryptocurrency exchange, FTX.com. The defendant represented FTX as a safe and trustworthy exchange where customer money was protected. In reality, the defendant covertly diverted billions of dollars of FTX customer money to his cryptocurrency trading firm, Alameda Research. He spent the money on Alameda’s expenses, speculative investments, and charitable donations, and used it to repay Alameda’s lenders, make illegal political campaign contributions, and enrich himself. The defendant’s misappropriation of his customers’ deposits was exposed in November 2022, when FTX declared bankruptcy after customers attempted to withdraw more money from FTX than the exchange had on hand, revealing a multibillion-dollar shortfall in FTX’s balance sheet.
The evidence at trial included seventeen witnesses, among them three cooperating witnesses who conspired with the defendant to commit fraud, other former FTX and Alameda employees, a financial expert who traced the defendant’s misappropriation and spending of FTX customer funds, and customer, investor, and lender victims of the defendant’s scheme. The Government also presented documentary evidence including portions of the FTX codebase, financial records, internal company emails and financial analysis, fraudulent balance sheets, the defendant’s tweets and testimony before Congress, and private messages between the defendant and his coconspirators. . . .
The defendant’s motion fails at every level. His three proffered witnesses -- Daniel Chapsky, Ryan Salame, and Nishad Singh -- were known to the defense well before trial, their potential testimony was either foreclosed by the defense’s own strategic decisions or is based on unsworn, post-conviction statements, and none of it would have been material to the outcome in any event. . . .
In essence, he personally repeatedly-confessed to these crimes, in sworn testimony before Congress, and in written tweets -- and texts to friends.
See ya'. . . [Stanford Law School] ma'.
Out -- this is a dead letter -- from his momma'.
नमस्ते

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