<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/news/sbf-given-until-september-1st-to-present-defense-in-trial-delay-case-rules-judge/">SBF Given Until September 1st to Present Defense in Trial Delay Case, Rules Judge</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>As per the recent update on SBF’s lawsuit. The lawyers are at loggerheads on the testimony in Sam Bankman-Fried’s trial. Prosecutors noted misleading, missing info in some of their expert testimonies and would not like them to be part of the case. While DOJ also wants to exclude one of their own witnesses. This is all happening because Bankman-Fried is facing charges related to fraud and conspiracy. Both sides are arguing about whether these witnesses should be allowed to give their testimonies.&nbsp;</p> 
<h2 id="sbf-lawyers-want-to-prolong-the-trial-so-what-will-they-do-next" data-name="sbf-lawyers-want-to-prolong-the-trial-so-what-will-they-do-next" class="wp-block-heading">SBF lawyers want to Prolong the Trial, So What Will They Do Next?</h2> 
<p>As the trial for Sam Bankman-Fried (SBF), the former CEO of FTX, is drawing near, his defense team is grappling with such challenges. However, Judge Lewis Kaplan has set a clear deadline for the defense’s decisions, giving them until September 1st to request a trial postponement.&nbsp;</p> 
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   <p lang="en" dir="ltr">Judge Kaplan: I'm not going to rule on this application now. I'd like a joint report Tuesday morning concerning the exact situation at the MDC as of that time. We'll see. If there'll be an application for more time by the defense it would best be made by Friday</p>— Inner City Press (@innercitypress) <a href="https://twitter.com/innercitypress/status/1696944542606360650?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 30, 2023</a> 
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<h2 id="weak-arguments-from-sbfs-legal-team-may-affect-trial" data-name="weak-arguments-from-sbfs-legal-team-may-affect-trial" class="wp-block-heading"><strong>Weak Arguments from SBF’s Legal Team May Affect Trial?</strong></h2> 
<p>Initially, SBF’s defense pursued an aggressive timeline, aiming for swift proceedings. However, they have hinted at needing more time due to difficulties accessing essential evidence. Judge Kaplan emphasized that valid reasons are necessary for any delay. “There’s got to be more meat on those bones,” he noted during an August 30 hearing.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">NEW: Judge Kaplan says if <a href="https://twitter.com/SBF_FTX?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SBF_FTX</a> feels he needs a postponement of his October 2nd court date then his lawyers can request it and they should do it by the end of this week. He also says he wouldn’t “necessarily grant it.” <a href="https://t.co/1iZF6jfS8f" rel="noopener noreferrer nofollow">https://t.co/1iZF6jfS8f</a></p>— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1696939412490219781?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 30, 2023</a> 
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<p>It is also worth noting that, during this hearing, SBF’s defense team demanded his temporary release, following his bail revocation on August 11. Their aim was to allow him to better prepare for the trial scheduled for October 3. The defense argued that SBF’s limited internet access and the sheer volume of evidence made adequate preparation challenging.&nbsp;</p> 
<p>According to Christian Everdell, one of Bankman-Fried’s lawyers, “It’s just the fact of the fact that we haven’t been able to make effective use of our client’s time.” Hence his bail is urgent for the SBF lawyers.&nbsp;</p> 
<p>On the other hand, prosecutors asserted that SBF has ample time to review evidence and a robust legal team to support him.&nbsp;</p> 
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   <p lang="en" dir="ltr">Judge Kaplan: I'm not going to rule on this application now. I'd like a joint report Tuesday morning concerning the exact situation at the MDC as of that time. We'll see. If there'll be an application for more time by the defense it would best be made by Friday</p>— Inner City Press (@innercitypress) <a href="https://twitter.com/innercitypress/status/1696944542606360650?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 30, 2023</a> 
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<h2 id="no-trial-delay-no-bail-sbf-in-real-scoop" data-name="no-trial-delay-no-bail-sbf-in-real-scoop" class="wp-block-heading"><strong>No Trial Delay, No Bail, SBF in Real Scoop?&nbsp;</strong></h2> 
<p>Since 2022, SBF has been facing a total of 12 criminal charges, spread across two separate trials set for October 2, 2023, and March 11, 2024. The heart of his defense rests on whether he genuinely sought legal guidance before the alleged missteps at FTX and Alameda Research or if his actions were strategic. If proven guilty a lifetime imprisonment awaits him.&nbsp;</p> 
<p>As the trial dates loom, both SBF’s defense team and the court are growing anxious. The impending trials carry significant weight, and the decisions made will have far-reaching implications. With uncertainty in the air, the outcome of these trials remains a matter of great interest in the crypto and legal communities alike.&nbsp;</p>

SBF Given Until September 1st to Present Defense in Trial Delay Case, Rules Judge

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