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

by admin
September 2, 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 may very well be delayed after his legal professionals complained that he didn’t have ample time to evaluation the proof.

Based on 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 fees within the Bahamas.

Bankman-Fried’s attorneys allege that officers failed to offer their shopper exhausting drives containing tens of millions of pages of key proof for him to evaluation.

As said by Kaplan, in keeping with Reuters,

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

Nonetheless, the report says that Kaplan isn’t prone to delay the trial from its unique 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 unhealthy religion as nearly all of the proof got here from Bankman-Fried’s personal private Google account, that means that he had entry to it earlier than his bail was revoked.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 may very well be granted limitless jail visitation with their shopper. Days later, they requested if he may very well 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Bankman-Fried’s bail was revoked earlier this month after he was alleged to be tampering with witnesses.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 will transfer from October third, 2023 to March 11, 2024, in keeping with the report.

Bankman-Fried is charged with defrauding traders 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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Tags: BankmanFriedsDelayedFounderFraudFTXHighlyAnticipatedreportSamTrial
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