Home » FTX 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

by CoinVeem

The highly-anticipated fraud trial of disgraced FTX founder Sam Bankman-Fried reportedly could possibly be delayed after his attorneys complained that he didn’t have sufficient time to overview the proof.

In response to 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 present their shopper laborious drives containing hundreds of thousands of pages of key proof for him to overview.

As said by Kaplan, based on Reuters,

“If the defendant in good conscience feels that he wants a postponement … they’ll ask.”

Nonetheless, the report says that Kaplan isn’t more likely to delay the trial from its authentic date solely due to the sheer quantity of proof that exists and that the protection must present a “real and unanticipated want.”

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got here from Bankman-Fried’s personal private Google account, that means that he had entry to it earlier than his bail was revoked.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 asked in the event that they could possibly be granted limitless jail visitation with their shopper. Days later, they requested if he could possibly be briefly released 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Bankman-Fried’s bail was revoked earlier this month after he was alleged to be tampering with witnesses.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 could transfer from October third, 2023 to March 11, 2024, based on 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 change FTX. If convicted, he faces a long time behind bars.

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Featured Picture: Shutterstock/Volodimir Zozulinskyi

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