Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report

Cointelegraph
Cointelegraph

19 Sep 2023 3:54 PM

Lawyers for SBF were up against the Manhattan U.S. Attorney's office to appeal for an early release in order to prepare for his upcoming fraud trial in October. ...

  • A three-judge panel from the United States Court of Appeals for the Second Circuit is considering releasing former FTX CEO Sam Bankman-Fried (SBF) from jail prior to his October trial.
  • SBF's defense team and the U.S. Attorney's office presented arguments before the panel of judges.
  • One judge claimed that SBF's First Amendment argument has no merit due to alleged attempts to intimidate witnesses.
  • Bankman-Fried's lawyers argued for release, citing the need for Internet access in trial preparation and claiming that the U.S. District Court erred in denying their First Amendment arguments.
  • Bankman-Fried previously admitted to releasing a former CEO's private journals to a reporter.
  • Assistant U.S. Attorney Danielle Sassoon acknowledged issues with Internet access during SBF's confinement but argued that the incident with the former CEO showed an intent to interfere with a fair trial.
  • Bankman-Fried's time in jail is claimed to have violated his First Amendment rights and impaired his trial preparation.
  • A judge denied his initial appeal for release, leading to the current consideration by the three-judge panel.
  • The October trial will be the first of two, with the second trial expected to start in March 2024.

The article presents a legal battle surrounding the release of former FTX CEO Sam Bankman-Fried from jail prior to his trial. The sentiment is neutral, as it provides information without expressing a clear positive or negative stance.

Go to publisher site

You May Ask

Who is Sam Bankman-Fried?What is the current legal situation regarding his release from jail?What arguments were presented by Bankman-Fried's defense team and the U.S. Attorney's office?What is the significance of the incident involving the former CEO's private journals?When are the trials scheduled to take place?

Suggested Reads