SBF Considers Paying Expert Witnesses $1200 per Hour
FTX founder Sam Bankman-Fried plans to hire experts for his court trial. He might pay them up to $1,200 per hour to defend him.
The founder of FTX, Sam Bankman-Fried (SBF), who is in trouble, wants to hire experts to speak for him in court. He is ready to pay them a lot of money per hour.
These experts will give details about how FTX works and its rules. They will also talk about campaign finance laws.
SBF wants to bring in seven experts for his trial about fraud. A report from August 31 says he might pay these experts up to $1,200 every hour.
There's talk about moving SBF's trial from October to March 2024. The judge thinks SBF needs more time to look at all the evidence against him. On August 29, prosecutors added 4 million more pages of evidence. SBF's lawyers believe it's not fair to give so much new information just weeks before the trial.
The prosecutors don't want these experts to speak in the trial. They think SBF just wants them to claim he didn't do anything wrong.