• About us
  • Contacts
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms and Conditions
  • Thank you
Daily Gold Index
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting
No Result
View All Result
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting
No Result
View All Result
Daily Gold Index
No Result
View All Result
Home Economy

“Prosecutors in Sam Bankman-Fried Trial: Defense Argument ‘Dumb and Dumber’!

Daily Gold Index by Daily Gold Index
October 24, 2023
in Economy
0
“Prosecutors in Sam Bankman-Fried Trial: Defense Argument ‘Dumb and Dumber’!
Sam Bankman-Fried, the CEO of FTX and Alameda Research, just had his trial recently. It’s a highly publicized case emerging from a bizarre row involving Associate Professor of Economics at the University of California Berkeley, Alex Gorodinski. In the trial, the prosecutors argued that Sam acted in bad faith when he posted a satirical tweet about Gorodinski online, comparing the professor to Harry and Lloyd from the 1994 film “Dumb and Dumber”. They argued that Sam was trying to diminish the professor’s credibility and possibly cause financial damage to Gorodinski. However, Sam’s lawyers argued that the post was a “Jeffersonian exercise of free speech”. This is a legal term which states that if the citizen engages in any speech which doesn’t directly incite violence, then it should be regarded as legally valid. It would appear that the judge wasn’t convinced by the defense’s argument, as Sam was found guilty of the bad faith charge. However, by using the Jeffersonian exercise of free speech argument, it can be assumed that the defendant was attempting to make the point that the tweet was simply a satirical jest, rather than malicious defamation. It is clear that the prosecutors had the upper hand in the case, given how they presented their argument that Bankman-Fried was deliberately trying to damage Gorodinski’s reputation, compared to the defense’s assertion that it was merely a light-hearted joke. It goes to show that while free speech is an important right for citizens, when it is used maliciously it can have serious legal and financial consequences. This case serves as a good example of how exercising free speech responsibly is very important.
Sam Bankman-Fried, the CEO of FTX and Alameda Research, just had his trial recently. It’s a highly publicized case emerging from a bizarre row involving Associate Professor of Economics at the University of California Berkeley, Alex Gorodinski. In the trial, the prosecutors argued that Sam acted in bad faith when he posted a satirical tweet about Gorodinski online, comparing the professor to Harry and Lloyd from the 1994 film “Dumb and Dumber”. They argued that Sam was trying to diminish the professor’s credibility and possibly cause financial damage to Gorodinski. However, Sam’s lawyers argued that the post was a “Jeffersonian exercise of free speech”. This is a legal term which states that if the citizen engages in any speech which doesn’t directly incite violence, then it should be regarded as legally valid. It would appear that the judge wasn’t convinced by the defense’s argument, as Sam was found guilty of the bad faith charge. However, by using the Jeffersonian exercise of free speech argument, it can be assumed that the defendant was attempting to make the point that the tweet was simply a satirical jest, rather than malicious defamation. It is clear that the prosecutors had the upper hand in the case, given how they presented their argument that Bankman-Fried was deliberately trying to damage Gorodinski’s reputation, compared to the defense’s assertion that it was merely a light-hearted joke. It goes to show that while free speech is an important right for citizens, when it is used maliciously it can have serious legal and financial consequences. This case serves as a good example of how exercising free speech responsibly is very important.
Previous Post

UAW Strike Widens; Ram Truck Plant Shuts Down!

Next Post

Unlocking the Secrets of Canadian North Resources

Daily Gold Index

Daily Gold Index

Next Post
Unlocking the Secrets of Canadian North Resources

Unlocking the Secrets of Canadian North Resources

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Top 5 Canadian Mining Stocks This Week: Valhalla Jumps 282 Percent on Ambler Approval

Top 5 Canadian Mining Stocks This Week: Valhalla Jumps 282 Percent on Ambler Approval

October 11, 2025
SAGA Metals Announces Closing of Fully Subscribed Non-Brokered Private Placement and Provides Corporate Update

SAGA Metals Announces Closing of Fully Subscribed Non-Brokered Private Placement and Provides Corporate Update

October 11, 2025
China outlines more controls on exports of rare earths and technology

China outlines more controls on exports of rare earths and technology

October 11, 2025
Crypto Market Update: Altcoins Retreat as Bitcoin ETFs See US$2.7 Billion of Inflows

Crypto Market Update: Altcoins Retreat as Bitcoin ETFs See US$2.7 Billion of Inflows

October 10, 2025

Recent News

Top 5 Canadian Mining Stocks This Week: Valhalla Jumps 282 Percent on Ambler Approval

Top 5 Canadian Mining Stocks This Week: Valhalla Jumps 282 Percent on Ambler Approval

October 11, 2025
SAGA Metals Announces Closing of Fully Subscribed Non-Brokered Private Placement and Provides Corporate Update

SAGA Metals Announces Closing of Fully Subscribed Non-Brokered Private Placement and Provides Corporate Update

October 11, 2025
China outlines more controls on exports of rare earths and technology

China outlines more controls on exports of rare earths and technology

October 11, 2025
Crypto Market Update: Altcoins Retreat as Bitcoin ETFs See US$2.7 Billion of Inflows

Crypto Market Update: Altcoins Retreat as Bitcoin ETFs See US$2.7 Billion of Inflows

October 10, 2025

Disclaimer: DailyGoldIndex.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2025 DailyGoldIndex. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Investing
  • Stock

Copyright © 2025 DailyGoldIndex. All Rights Reserved.