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Sam Bankman-Fried lawyers push for fraud trial delay

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Former FTX CEO Sam Bankman-Fried Appears In Court For Bail Hearing Ahead Of His October Trial

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  • Attorneys representing FTX (FTT-USD) founder Sam Bankman-Fried in his fraud case claim they need more time to prepare, raising the possibility of a trial delay.
  • US District Court for the Southern District of New York Judge Lewis Kaplan is considering a five-month delay, Reuters reported. The trial is slated to begin in October.
  • Kaplan, however, said he was not likely to grant a delay purely on the amount of evidence to go through and Bankman-Fried would need to show a “”genuine and unanticipated need.”
  • In a letter to Kaplan, Bankman-Fried’s legal team wrote, “The path the Government has chosen to take inevitably leads to inadequate representation which cannot be remedied as long as Mr. Bankman-Fried is incarcerated without internet access,” The Hill reported of the document. “There are millions of pages of documents, many of which have only recently been produced.”
  • Earlier this month, Kaplan revoked Bankman-Fried’s bail citing witness tampering. He remains in a federal jail in Brooklyn.

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