Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail


19 Sep 2023 4:00 PM

The one-time crypto exchange executive has made several arguments to get out of jail before his trial....

  • Former FTX CEO Sam Bankman-Fried's appeal to end his pre-trial detention on federal fraud charges has been delayed by an appeals court.
  • The court will consider both sides' arguments before making a decision.
  • Bankman-Fried has been unsuccessful in securing the end of his pre-trial detention since being imprisoned in August.
  • His lawyers argue that he cannot properly prepare his defense from jail, while prosecutors claim he poses a threat to witnesses if released on bail.
  • If the appeal is denied, Bankman-Fried is unlikely to be released before his trial begins on October 3.
  • Bankman-Fried was sent to the Metropolitan Detention Center in Brooklyn after allegedly tampering with key witnesses in the government's case against him.

The sentiment of the article is negative, as it highlights the disappointments faced by Sam Bankman-Fried in his attempts to end his pre-trial detention. The article also mentions the allegations of tampering with witnesses, further contributing to the negative sentiment.

Go to publisher site

You May Ask

What is the status of Sam Bankman-Fried's appeal to end his pre-trial detention?Why has Bankman-Fried been unable to secure the end of his pre-trial detention?What arguments have been made by Bankman-Fried's lawyers and the prosecutors regarding his detention?What consequences will Bankman-Fried face if his appeal is denied?Where is Bankman-Fried currently being held and why was he sent there?

Suggested Reads