According to a recent court filing, the defense team for FTX founder Sam Bankman-Fried has renewed their request for his temporary release during the upcoming trial, citing difficulties preparing an adequate defense under current restrictions. 
As <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.288.0.pdf">the letter to Judge Kaplan</a> explained, Bankman-Fried’s knowledge and participation are indispensable in reviewing the thousands of pages of discovery materials and financial records involved in this complex case. His attorneys argue they will have very limited access to confer with him outside of courtroom hours if he remains detained, hampering their ability to effectively represent him. 
To mitigate any flight risk concerns, the defense proposed conditions such as private security escorting Bankman-Fried between approved locations and restricting his access to communications devices during temporary release. They believe such measures would sufficiently address security issues while enabling adequate trial preparation, though they are open to additional restrictions the Court deems necessary. 
This latest request follows the Second Circuit’s affirmation last week of Judge Kaplan’s <a href="https://cryptoslate.com/sbf-lawyers-continue-to-argue-jail-conditions-not-workable-hindering-court-preparation/">decision</a> to revoke Bankman-Fried’s $250 million bail. During oral arguments, Judge Walker acknowledged the incentive to enable proper access between Bankman-Fried and his counsel to avoid potential appellate issues. 
The high-profile trial, slated to begin Oct. 2, involves charges of fraud and conspiracy against Bankman-Fried related to the collapse of crypto exchange FTX last November. Prosecutors <a href="https://cryptoslate.com/sbf-accused-of-8-criminal-charges-in-sdny-indictment/">allege</a> he misled investors and misappropriated customer funds, leading to billions in losses. Bankman-Fried has pleaded not guilty. 
The post <a rel="nofollow" href="https://cryptoslate.com/sbf-lawyers-again-plead-for-temporary-release-during-trial-with-less-than-1-week-to-go/">SBF lawyers again plead for temporary release during trial with less than 1 week to go</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

SBF lawyers again plead for temporary release during trial with less than 1 week to go

CryptoSlate

Ďalšie články zverejnené 26. 9. 2023

Crypto Influencer “BitBoy” Arrested During Dramatic Livestream

Quant Crypto: Is This The Best Time to Buy or Sell QNT Crypto?

Crypto Influencer Ben Armstrong Arrested After Confrontation With Former Business Partner

The Open Network Taps Tencent Cloud to Accelerate Ecosystem Growth

Bitcoin Ordinals Proposes RUNES Protocol to Tackle Scams and UTXO Increase!

Addressing the Rumours: Microsoft is Adding Crypto Wallets to Next Xbox

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!