Late Tuesday, attorneys for Sam Bankman-Fried presented two letters to the Southern District Court of New York, addressing pivotal elements of the ongoing high-profile federal fraud trial. One letter, directed to Judge Lewis Kaplan, petitions the court to permit discussions on the involvement of legal counsel in establishing auto-deletion policies at Alameda. The defense is jockeying for position on allegations that Bankman-Fried implemented these policies on platforms such as Signal and Slack to conceal unlawful actions. A salient point in the letter centers on whether Caroline Ellison, Alameda’s former CEO, was ... (full story)