Sam Bankman-Fried’s temporary release request denied as trial date looms


Former FTX boss Sam Bankman-Fried is prone to stay behind bars till his Oct. 3 trial commences after a United States District Court decide denied his request for temporary release.

On Sept. 12, District Judge Lewis Kaplan denied Bankman-Fried’s declare that his trial preparation was hindered as a consequence of poor web entry in jail, discovering it wasn’t ample grounds to grant his release.

“The defendant had not made any detailed showing as to specific material that he claims he has been unable to access personally and the reasons why any such personal inability actually would impede his defense,” Kaplan defined.

Judge Kaplan’s order denying Bankman-Fried’s release request. Source: CourtListener

Kaplan added that Bankman-Fried’s legal professionals might present him with materials to evaluate on a tough drive to bypass a probably unreliable web connection.

“There has been no suggestion that counsel is incapable of working any searches throughout the Relativity or AWS databases that defendant could need after which offering him with the outcomes.”

Bankman-Fried’s counsel beforehand complained concerning the prison’s poor internet connection in a Sept. 8 letter, explaining they might usually want to attend as much as 10 minutes for a web site homepage to load.

Related: Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors

Bankman-Fried had an opportunity to request for the Oct. 3 trial date to be postponed however no request was made, Kaplan famous.

The former FTX CEO faces 12 legal prices throughout two separate trials, with the second slated to start on March 11. Bankman-Fried has pleaded not guilty to all counts.

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