{"id":60380,"date":"2023-09-28T09:39:24","date_gmt":"2023-09-28T13:39:24","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=60380"},"modified":"2023-09-29T08:18:13","modified_gmt":"2023-09-29T12:18:13","slug":"prosecution-calls-for-denial-of-sbfs-plea-for-temporary-release","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/prosecution-calls-for-denial-of-sbfs-plea-for-temporary-release\/","title":{"rendered":"Prosecution Calls for Denial of SBF’s Plea for Temporary Release"},"content":{"rendered":"\n

The United States government sent a letter to Judge Lewis Kaplan on September 27 expressing its opposition to Sam Bankman-Fried's<\/a> (SBF) and his counsel's request for temporary release from prison before his October 3 trial.<\/p>\n\n\n\n

\"Prosecution
Prosecution Calls for Denial of SBF's Plea for Temporary Release<\/figcaption><\/figure>\n\n\n\n

In its filing, the government requested that Kaplan deny SBF's September 25 request.<\/p>\n\n\n\n

The government stated that the defendant's claim that he cannot “meaningfully participate” in his defense, which justifies his release, “does not outweigh the danger posed by such release conditions in light of the defendant's prior course of conduct.”<\/p>\n\n\n\n

The “danger” is defined as “danger to the community and\/or flight.” In addition, it asserted that the renewed petition “recycles” generalized claims and cited two prior instances in which the court had rejected similar requests.<\/p>\n\n\n\n

Multiple factors contributed to the denial of SBF's request for immediate release pending trial on September 12.<\/p>\n\n\n\n

Among others, these included “the defendant's extensive access to electronic discovery for seven and a half months before his bail was revoked shortly before trial” and his failure to provide specifics about the materials he claims he cannot access.<\/p>\n\n\n\n

On September 21, a three-judge panel of the 2nd U.S. Circuit Court of Appeals\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> denied SBF's request for release, deeming the arguments “unpersuasive.”<\/p>\n\n\n\n

In this second denial, the Court of Appeals also upheld the conclusion that “there was probable cause to believe that the defendant attempted to tamper with two witnesses in violation of 18 U.S.C. 1512(b) and that he acted with unlawful intent to influence those witnesses.”<\/p>\n\n\n\n

The government concurred that the renewed motion “suffers” from the same flaws as the original motion based on this “context.”<\/p>\n\n\n\n

The criminal trial of Bankman-Fried is scheduled for October 3 in New York City. During this proceeding, he will be charged with seven counts of fraud related to his tenure at FTX and Alameda Research<\/a>.<\/p>\n\n\n\n

In March 2024, he will face five additional charges in a criminal proceeding. SBF has previously entered a not-guilty plea to all charges.<\/p>\n","protected":false},"excerpt":{"rendered":"

The United States government sent a letter to Judge Lewis Kaplan on September 27 expressing its opposition to Sam Bankman-Fried’s (SBF) and his counsel’s request for temporary release from prison before his October 3 trial. In its filing, the government requested that Kaplan deny SBF’s September 25 request. The government stated that the defendant’s claim […]<\/p>\n","protected":false},"author":1,"featured_media":43204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5713,778,10731],"class_list":["post-60380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-us-government-2","tag-ftx","tag-sbf"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/12\/image-116.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=60380"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/43204"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=60380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=60380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=60380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}