Caroline Ellison’s list of ‘Things Sam Is Freaking Out About’ could be used in trial

Prosecutors mean to use individual notes and journal entries from former Alameda Research CEO Caroline Ellison as proof against FTX co-founder Sam Bankman-Fried at his criminal trial.In an Aug. 14 filing, prosecutors said they would bring forward a collection of Ellisons individual order of business and notes consisting of one titled “Things Sam is Freaking Out About.”The note sums up discussions in between Bankman-Fried and Ellison over his organization issues, fundraising, Alamedas trading hedges and criticism about the hedge fund and FTXs ties.Other entries provide key insights into the daily running of what district attorneys declare were deceptive operations at FTX. Highlighted excerpt of the prosecutions intent to present Ellisons journals and ledgers to trial. Source: CourtListenerThe chest of proof includes a recording of Ellison taken from an all-hands conference on Nov. 9, 2022– 2 days prior to FTX and Alameda declared bankruptcy.In a conference, an Alameda staff member supposedly asked Ellison who else had actually understood the deficiency in FTX user funds, to which Ellison addressed: “Yeah, I suggest, I think I talked about it with, like, Sam, Nishad, and Gary.”Gary Wang is a co-founder of FTX while Nishad Singh was the exchanges director of engineering. Both have actually pleaded guilty to fraud charges and are reportedly complying with prosecutors. An employee pushed Ellisonon who decided to using FTXuser deposits to which Ellison apparently responded to: “Um … Sam, I think.”Notably, the prosecution explained the horde of proof including Ellisons other journals and personal notes does not constitute hearsay as Ellison kept in mind to memorialize information and help carry out her role in the conspiracy. Related: Ex-FTX exec Salame wont testify in alleged unlawful campaign donation caseThe prosecution also included that evidence worrying Bankman-Frieds other supposed activities ought to likewise be admitted.This consists of presumably falsified declarations to an unnamed bank, the bribery of Chinese authorities concerning frozen Alameda accounts, the adjustment of the exchanges native FTX token (FTT) in addition to selective prioritization of payments to creditors.Bankman-Frieds attorneys reacted to the prosecutions movement in an Aug. 14 filing where they moved to leave out any evidence acquired after July 1. They argued prosecutors stopped working to produce specific details in a timely way, including the contents of Wangs laptop and Ellisons encrypted Telegram talks. The defense declared these hold-ups had prevented them from sufficiently preparing for trial.Bankman-Fried currently awaits his October trial in Brooklyns Metropolitan Detention Centre after the court withdrawed his bail over claims he dripped a few of Ellisons diary entries to The New York Times.Big Questions: Did the NSA develop Bitcoin?