United

As per the <a href="https://cointelegraph.com/news/judge-hear-sam-bankman-fried-defense-against-4m-pages-evidence" rel="noopener noreferrer nofollow">reports</a>, a United States federal judge is scheduled to hear FTX founder Sam Bankman-Fried’s defense argument in opposition to fresh information presented by the US Department of Justice (DOJ).&nbsp; 
<h2 id="span-style-font-weight-400-orders-from-judge-lewis-kaplan-span">Orders from Judge Lewis Kaplan</h2> 
On August 26, Judge Lewis Kaplan ordered the government to reply to the letters from the former FTX executive’s legal counsel concerning his proper utilization of discovery documents and prohibiting the use of evidence gathered after July 1 in the case. 
<h3 id="span-style-font-weight-400-4m-extra-pages-of-evidence-in-ftx-case-span">4M Extra Pages of Evidence in FTX Case</h3> 
As per his legal representation, four million extra pages of discovery were made available less than six weeks before Bankman-Fried’s October 3 scheduled trial.&nbsp; 
Attorneys for Bankman-Fried claimed: “We further object to the Government’s production, just yesterday, of an additional 4 million pages of discovery. The Government cannot be allowed to dump millions of pages on the defense less than six weeks before trial, […] For the reasons already discussed in our motions in limine, ECF No. 206, the Government should be precluded from using any such evidence at trial.“ 
<h2 id="span-style-font-weight-400-ftx-founder-s-bail-has-been-denied-span">FTX Founder’s Bail has been Denied</h2> 
Notably, a recent court decision mandated that the failed businessman be <a href="https://thecoinrise.com/judge-orders-sam-bankman-fried-to-return-to-jail/" rel="noopener noreferrer nofollow">imprisoned prior to his trial</a> beginning in October. Judge Kaplan stated that accusations of witness tampering led to the decision to incarcerate the 31-year-old entrepreneur, leading the judge to reevaluate the terms of his release. 
The DOJ pointed out that the troubled millionaire is <a href="https://thecoinrise.com/doj-seek-to-revoke-sbfs-250m-bail-bond/" rel="noopener noreferrer nofollow">accused of tampering with witnesses</a>, especially <a href="https://thecoinrise.com/alameda-ceo-and-ftx-exec-plead-guilty-to-charges/" rel="noopener noreferrer nofollow">Caroline Ellison, the former CEO of Alameda Research</a>, by leaking confidential information.&nbsp; 
<h3 id="span-style-font-weight-400-a-250m-bail-bond-span">A $250M Bail Bond</h3> 
Following numerous appearances in court after FTX’s demise as well as filing for bankruptcy, Sam Bankman-Fried was granted bail due to <a href="https://thecoinrise.com/ftx-founder-released-on-a-250m-bail-bond/" rel="noopener noreferrer nofollow">a $250 million bail bond</a>. 
His parents and two more people, who turned out to be former Stanford Law School Dean Larry Kramer and senior research scientist Andreas Paepcke, <a href="https://thecoinrise.com/judge-orders-the-release-of-identities-of-sbfs-bail-bond-guarantors/" rel="noopener noreferrer nofollow">served as his guarantors</a>. However, Sam Bankman-Fried continues with his <a href="https://thecoinrise.com/ftx-founder-pleads-not-guilty-in-new-york/" rel="noopener noreferrer nofollow">claim that he is innocent</a> of all eight accusations against him, including theft of customer cash. 
The post <a rel="noopener noreferrer nofollow" href="https://thecoinrise.com/ftx-founder-to-defend-against-newly-released-evidence/">FTX Founder to Defend Against Newly Released Evidence</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

FTX Founder to Defend Against Newly Released Evidence

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