north america 703 crypto neutral
Federal prosecutors in the fraud trial of former FTX CEO Sam Bankman-Fried have requested that any discussion of Bankman-Fried’s investment in AI company Anthropic be excluded from the trial. Recent reports have revealed that Anthropic is set to receive significant funding from tech giants Google and Amazon, which has sparked optimism among creditors of FTX who hope that this newfound wealth could benefit victims of the FTX collapse. However, prosecutors argue that this information is irrelevant to the case and could introduce unfair prejudice and confusion. They cite a prior ruling by Judge Lewis A. Kaplan and a similar case where the defense was restricted from discussing recovered assets. The prosecution aims to prevent any potential for undue prejudice, confusion, or waste of time by excluding discussion of Anthropic’s investment value from the trial.

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Information Details
Geography North America
Countries
Sentiment neutral
Relevance Score 6
People Sam Bankman-Fried
Companies Google, FTX, Anthropic, Binance, Amazon
Currencies None
Securities None

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