SBF’s expert witnesses might cost $1,200 per hour
Sam Bankman-Fried, FTX’s embattled founder, is reportedly planning to hire seven expert witnesses for his upcoming fraud trial at rates up to $1,200 per hour. According to a report dated Aug. 31, among the experts being considered is Bradley Smith, a law professor at Capital University Law School and a former commissioner of the Federal Election Commission. Smith has confirmed in a court filing that he is being compensated at a rate of $1,200 per hour. Other potential witnesses could charge between $400 and $1,100 per hour for their expertise. These witnesses would provide insights into campaign finance laws, scrutinize the operations of FTX favorably, and delve into its terms and conditions. Despite Bankman-Fried’s previous claim of having only $100,000 left in his bank account following the collapse of FTX, he is funding his legal defense with $10 million of company funds that he had earlier gifted to his father. Lawyers handling the FTX bankruptcy case have...