FTX founder Sam Bankman-Fried's defense lawyers are requesting more room to explore defense theories through cross-examination and to bar prosecutors from relying on lay witnesses for expert testimony. The defense is likely looking to prevent more damage to Bankman-Fried's image in the eyes of jurors by shaping the testimony of upcoming witnesses.
They are also attempting to argue that FTX complied with its own contract's terms, which is a recognized defense in fraud cases. Prosecutors rejected this notion and asserted that their evidence has shown that Bankman-Fried misused client funds and repeatedly misrepresented how FTX was handling them.
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