October 31, 2023
In the trial of the former billionaire, the judge has limited the defense's ability to use an advice-of-counsel defense. The defense lawyers had sought to introduce this defense across all topics, but the judge has only allowed them to discuss FTX's document retention policy. This means that the defense will not be able to present evidence or arguments related to advice given by lawyers in other areas. The judge's decision narrows the scope of the defense's strategy and may impact their ability to present a comprehensive case. It is important for the defense to carefully consider how they will present their arguments within the limitations set by the judge.