• bitcoinBitcoin(BTC)$80,766.001.03%
  • Midas Fasanara Global EuroMidas Fasanara Global Euro(MGLOEURO)$111,813.00-0.36%
  • ethereumEthereum(ETH)$2,346.021.37%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$744.050.45%
  • rippleXRP(XRP)$1.332.58%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$101.140.66%
  • tronTRON(TRX)$0.3310670.60%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.66%
  • zcashZcash(ZEC)$1,311.057.04%
  • HyperliquidHyperliquid(HYPE)$81.364.27%
  • dogecoinDogecoin(DOGE)$0.0787131.74%
  • moneroMonero(XMR)$605.791.24%
  • USDSUSDS(USDS)$1.00-0.01%
  • whitebitWhiteBIT Coin(WBT)$77.581.08%
  • chainlinkChainlink(LINK)$11.531.73%
  • leo-tokenLEO Token(LEO)$9.050.06%
  • cardanoCardano(ADA)$0.205106-0.05%
  • nearNEAR Protocol(NEAR)$4.674.32%
  • stellarStellar(XLM)$0.1697741.00%
  • bitcoin-cashBitcoin Cash(BCH)$292.984.99%
  • RainRain(RAIN)$0.007178-5.61%
  • Ethena USDeEthena USDe(USDE)$1.000.03%
  • daiDai(DAI)$1.00-0.03%
  • litecoinLitecoin(LTC)$57.061.11%
  • uniswapUniswap(UNI)$7.07-0.57%
  • avalanche-2Avalanche(AVAX)$8.920.07%
  • CantonCanton(CC)$0.098728-0.28%
  • USD1USD1(USD1)$1.000.01%
  • suiSui(SUI)$0.931.88%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.231.51%
  • hedera-hashgraphHedera(HBAR)$0.075902-1.19%
  • tether-goldTether Gold(XAUT)$4,053.751.10%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • BittensorBittensor(TAO)$255.032.04%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • quant-networkQuant(QNT)$199.19-1.22%
  • shiba-inuShiba Inu(SHIB)$0.0000050.65%
  • EthenaEthena(ENA)$0.2076860.69%
  • crypto-com-chainCronos(CRO)$0.0537491.08%
  • Ripple USDRipple USD(RLUSD)$1.00-0.03%
  • BitwayBitway(BTW)$1.7346.84%
  • MemeCoreMemeCore(M)$1.0711.70%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.04%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • okbOKB(OKB)$109.360.28%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • aaveAave(AAVE)$133.24-1.29%
  • OndoOndo(ONDO)$0.4200121.66%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

SBF lawyers blast 2 days a week trial prep time

August 18, 2023
in Business
Reading Time: 8 mins read
A A
SBF lawyers blast 2 days a week trial prep time
ShareShareShareShareShare

Lawyers for Sam Bankman-Fried on Friday rejected as “entirely inadequate” the government’s plan for letting the jailed founder of the collapsed FTX cryptocurrency exchange prepare for his October fraud trial.

In a letter to US District Judge Lewis Kaplan in Manhattan, the lawyers said giving Bankman-Fried just two days a week, without a dedicated computer, to review the “extraordinary volume” of evidence violated his Sixth Amendment constitutional right to effective counsel and aid his defense.

YOU MAY ALSO LIKE

Ex-JPMorgan banker in ‘sex slave’ suit accused of getting sister to lie about kissing, racial remark: filing

Crooks have pulled off $100M in AI data center equipment heists since June: report

They said it also undermined Kaplan’s expectation that Bankman-Fried would get at least nine hours a day to review evidence, and left their client no way to share materials with them through Google Docs or email.

“This is entirely inadequate and Mr. Bankman-Fried will not be able to meaningfully participate in his defense, as is his right under the Sixth Amendment,” the lawyers said.

Bankman-Fried’s lawyers asked that he be allowed to meet with them five days a week at the Manhattan federal courthouse in preparation for the Oct. 2 trial. He is being held at the Metropolitan Detention Center in Brooklyn, NY.


Sam Bankman-Fried arrives at court on Aug. 11.
REUTERS

A spokesman for US Attorney Damian Williams in Manhattan declined comment.

Prosecutors had in a letter earlier Friday told Kaplan that federal marshals had offered “extraordinary accommodations” at the Brooklyn jail, reflecting the volume of materials and the trial schedule.

Both letters redacted some of the proposed accommodations, which prosecutors said was needed because of security concerns.

Prosecutors have accused Bankman-Fried of stealing billions of dollars from FTX customers to prop up a separate hedge fund, conduct risky trades, buy property and make political donations.


Sam Bankman-Fried taken into custody on Aug. 11.
Bankman-Fried was taken into custody on Aug. 11.
REUTERS

The 31-year-old former billionaire has pleaded not guilty. He will be arraigned on Aug. 22 on the most recent version of his indictment, which has seven fraud and conspiracy charges.

Kaplan revoked Bankman-Fried’s bail on Aug. 11, finding probable cause to believe Bankman-Fried broke the law by trying to influence witnesses who are expected to testify against him.

Bankman-Fried had been under house arrest at his parents’ home in Palo Alto, California.

The Brooklyn jail, with about 1,549 inmates, has been plagued by conditions that public defenders have called “inhumane.”


 Metropolitan Detention Center
Bankman-Fried is being held at Metropolitan Detention Center in Brooklyn, NY.
William Miller

A federal judge suggested in 2021 that the jail and a now-closed federal jail in Manhattan were “run by morons.”

Bankman-Fried’s lawyers previously represented Ghislaine Maxwell, the former girlfriend of disgraced financier Jeffrey Epstein, who complained for months that she could not prepare effectively in the Brooklyn jail for her sex trafficking trial.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Ex-JPMorgan banker in ‘sex slave’ suit accused of getting sister to lie about kissing, racial remark: filing
Business

Ex-JPMorgan banker in ‘sex slave’ suit accused of getting sister to lie about kissing, racial remark: filing

October 27, 2026
Crooks have pulled off 0M in AI data center equipment heists since June: report
Business

Crooks have pulled off $100M in AI data center equipment heists since June: report

October 27, 2026
Walmart is using a sneaky trick to skimp on shrimp: lawsuit
Business

Walmart is using a sneaky trick to skimp on shrimp: lawsuit

October 27, 2026
Duolingo slapped with class-action lawsuit alleging AI efforts, relentless ads hurt user growth
Business

Duolingo slapped with class-action lawsuit alleging AI efforts, relentless ads hurt user growth

October 27, 2026
Next Post
Markets Rise on Better Housing Data; M&A Activity Persists

Markets Rise on Better Housing Data; M&A Activity Persists

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Historic French town hall set ablaze during protests

Historic French town hall set ablaze during protests

October 23, 2026
College football picks: Predictions against the spread, odds, betting lines for top 25 games in Week 8 – CBS Sports

College football picks: Predictions against the spread, odds, betting lines for top 25 games in Week 8 – CBS Sports

October 24, 2026
Two dead, others injured after deadly truck crash

Two dead, others injured after deadly truck crash

October 23, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!