HomeTechnologyFTX Founder Sam Bankman-Fried’s Extremely-Anticipated Fraud Trial Might Be Delayed: Report

FTX Founder Sam Bankman-Fried’s Extremely-Anticipated Fraud Trial Might Be Delayed: Report

The highly-anticipated fraud trial of disgraced FTX founder Sam Bankman-Fried reportedly may very well be delayed after his attorneys complained that he didn’t have enough time to overview 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 expenses within the Bahamas.

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

As said by Kaplan, in line with Reuters,

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

Nevertheless, the report says that Kaplan isn’t more likely 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 “genuine and unanticipated need.”

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got here from Bankman-Fried’s personal private Google account, that means that he had entry to it earlier than his bail was revoked.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 attorneys requested 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 briefly launched 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Bankman-Fried’s bail was revoked earlier this month after he was alleged to be tampering with witnesses.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 might transfer from October third, 2023 to March 11, 2024, in line with the report.

Bankman-Fried is charged with defrauding traders and mishandling billions of {dollars} price of buyer funds associated to the 2022 collapse of the crypto trade FTX. If convicted, he faces many years behind bars.

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Featured Picture: Shutterstock/Volodimir Zozulinskyi

Supply: https://dailyhodl.com/2023/08/31/ftx-founder-sam-bankman-frieds-highly-anticipated-fraud-trial-could-be-delayed-report/


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