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FTX Founder Sam Bankman-Fried’s Highly-Anticipated Fraud Trial Could Be Delayed: Report

admin by admin
September 1, 2023
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FTX Founder Sam Bankman-Fried’s Highly-Anticipated Fraud Trial Could Be Delayed: Report
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The highly-anticipated fraud trial of disgraced FTX founder Sam Bankman-Fried reportedly could possibly be delayed after his legal professionals complained that he didn’t have satisfactory time to assessment the proof.

In keeping with a brand new report by Reuters, Choose Lewis Kaplan is contemplating pushing again the trial 5 months and mixing it with a beforehand scheduled case associated to Bankman-Fried’s forgery prices within the Bahamas.

Bankman-Fried’s attorneys allege that officers failed to provide their shopper exhausting drives containing thousands and thousands of pages of key proof for him to assessment.

As said by Kaplan, in accordance with Reuters,

“If the defendant in good conscience feels that he wants a postponement … they will ask.”

Nonetheless, the report says that Kaplan isn’t prone to delay the trial from its authentic date solely due to the sheer quantity of proof that exists and that the protection must present a “real and unanticipated want.”

Moreover, Kaplan says there’s no proof that prosecutors acted in dangerous religion as the vast majority of the proof got here from Bankman-Fried’s personal private Google account, which means that he had entry to it earlier than his bail was revoked.

Beforehand, Bankman-Fried’s legal professionals asked in the event that they could possibly be granted limitless jail visitation with their shopper. Days later, they requested if he could possibly be quickly released forward of his trial.

Bankman-Fried’s bail was revoked earlier this month after he was alleged to be tampering with witnesses. If the trial is mixed with the opposite, it could transfer from October third, 2023 to March 11, 2024, in accordance with the report.

Bankman-Fried is charged with defrauding buyers and mishandling billions of {dollars} value of buyer funds associated to the 2022 collapse of the crypto trade FTX. If convicted, he faces a long time behind bars.

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Featured Picture: Shutterstock/Volodimir Zozulinskyi





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