SBF UPDATE: Here Are The Results Of The Latest Pretrial Motion
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September 28, 2023 12:50 pm
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Sam Bankman-Fried has been requesting pretrial release since he was detained by U.S. authorities.
Attorneys for the former CEO filed yet another motion to have Bankman-Fried released ahead of his trial, set to begin on October 3 of this year, and the request was once again denied.
Judge Lewis Kaplan ruled that the disgraced Bankman-Fried will remain in jail until the start of the trial and likely beyond that as well.
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New York Daily News had the scoop: “A New York appeals court signaled it was unlikely to release Sam Bankman-Fried from jail pretrial. One judge quipped that Bankman-Fried had made the bed “he’s sleeping in” when he leaked the digital diary of the star witness in his case.”
A New York appeals court signaled it was unlikely to release Sam Bankman-Fried from jail pretrial.
One judge quipped that Bankman-Fried had made the bed “he’s sleeping in” when he leaked the digital diary of the star witness in his case.https://t.co/DYeIMmuAhh
— New York Daily News (@NYDailyNews) September 19, 2023
Crypto Potato confirmed the time and date of the trial: “His trial is scheduled to start on October 3rd, in Manhattan.”
Sam Bankman-Fried has been rejected pretrial release!
-> An appeals court denied @SBF_FTX's lawyers appeal for early release, leaving him in jail
-> His trial is scheduled to start on October 3rd, in Manhattan pic.twitter.com/YbGfB0VXVI— CryptoPotato Official (@Crypto_Potato) September 22, 2023
Coin Telegraph reports:
Kaplan reportedly suggested that SBF might be a flight risk if “things begin to look bleak” at trial, considering his age and potential prison time. Though the judge denied SBF early release, he added that the former FTX CEO will have the opportunity to arrive court early on certain days to confer with his legal team.
According to Watcher Guru: “SBF’s mom encouraged him to avoid disclosing several illegal political donations using stolen customer funds, FTX lawsuit says.”
JUST IN: SBF's mom encouraged him to avoid disclosing several illegal political donations using stolen customer funds, FTX lawsuit says. pic.twitter.com/KQdatcRpPF
— Watcher.Guru (@WatcherGuru) September 21, 2023
Court reporter Ben Feuerherd explained: “Kaplan orders SBF to be produced at 7 a.m. at the courthouse on days there is testimony in the trial or there was testimony the previous trial day.”
NEW — Judge Kaplan denies SBF's bid for release during his trial in Manhattan federal court.
Kaplan orders SBF to be produced at 7 a.m. at the courthouse on days there is testimony in the trial or there was testimony the previous trial day. https://t.co/cz3R7pSvEa
— Ben Feuerherd (@benfeuerherd) September 28, 2023
Conversely, The Block shared some positive developments for the former FTX CEO:
Bankman-Fried did score some wins this week, after the judge approved a request that will allow him to change into a suit each morning of his trial. He will also be able to use a laptop in the courtroom, but it won’t be connected to the internet.
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