Current:Home > reviewsSam Bankman-Fried’s lawyers renew claim that the FTX founder can’t prepare for trial behind bars -DataFinance
Sam Bankman-Fried’s lawyers renew claim that the FTX founder can’t prepare for trial behind bars
View
Date:2025-04-19 05:16:35
NEW YORK (AP) — Lawyers for Sam Bankman-Fried said Friday that prosecutors have delivered another four million pages of documents for the FTX founder to examine six weeks before trial, making it impossible for the former cryptocurrency executive to adequately review the evidence for an October trial from behind bars.
Bankman-Fried lost the right to remain free on bail when a judge decided two weeks ago that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. Prosecutors say he intentionally deceived customers and investors to enrich himself and others, while playing a central role in the company’s multibillion-dollar collapse after the equivalent of a bank run.
In a letter to U.S. District Judge Lewis A. Kaplan, attorneys Christian Everdell and Mark Cohen renewed their request for the 31-year-old to be freed so he can adequately prepare for his Oct. 3 trial. He’d been living with his parents in Palo Alto, California, under the terms of a $250 million bail deal that was in place since he was brought to the United States from the Bahamas in December.
His lawyers appealed the ruling to jail him to the 2nd U.S. Circuit Court of Appeals. And earlier this week, they complained at a hearing that he has had to survive at a Brooklyn lockup on bread, water and peanut butter because they won’t provide him with vegan food.
They said the jail conditions, his limited access to computers and the evidence against him, and the government’s late turnover of millions of pages of documents has violated his Sixth Amendment rights, including the right to know the evidence against him.
“We do not believe that anything short of temporary release will properly address these problems and safeguard Mr. Bankman-Fried’s right to participate in his own defense,” the lawyers wrote.
Bankman-Fried has pleaded not guilty to charges including wire fraud and conspiracy.
A spokesperson for prosecutors declined comment Friday.
In Friday’s letter, Everdell and Cohen wrote that the four million pages of materials was turned over to the defense by prosecutors on Thursday and it was expected that the government will “produce millions more pages even at this late stage.”
They said Bankman-Fried had been working between 80 and 100 hours a week on his defense before he was jailed, even managing to produce a spreadsheet with millions of cells of data.
The lawyers complained that an arrangement allowing Bankman-Fried to be brought to the Manhattan federal courthouse two days a week for computer access is inadequate, in part because the laptop he is provided has limited battery life and no power outlet in his cell block to charge it.
veryGood! (2)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Buca di Beppo files for bankruptcy and closes restaurants. Which locations remain open?
- Olympic Pole Vaulter Anthony Ammirati Offered $250,000 From Adult Website After
- Astros' Framber Valdez loses no-hitter with two outs in ninth on Corey Seager homer
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
- Spain vs. Brazil highlights: Brazil holds off comeback, will play for Olympic gold
- Olympic women's soccer final: Live Bracket, schedule for gold medal game
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Recreational weed: Marijuana sales begin in Ohio today. Here's what to expect.
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Finally, US figure skaters will get Beijing Olympic gold medals — under Eiffel Tower
- Victory! White Sox finally snap 21-game losing streak, longest in AL history
- US ambassador to Japan to skip A-bomb memorial service in Nagasaki because Israel was not invited
- 'We're reborn!' Gazans express joy at returning home to north
- Stephen Curry talks getting scored on in new 'Mr. Throwback' show
- Judge rejects bid by Judicial Watch, Daily Caller to reopen fight over access to Biden Senate papers
- Spain vs. Brazil highlights: Brazil holds off comeback, will play for Olympic gold
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Simone Biles' husband Jonathan Owens was 'so excited' to pin trade at 2024 Paris Olympics
Marathon swimmer who crossed Lake Michigan in 1998 is trying it again
GOP Rep. Andy Ogles of Tennessee says FBI took his cellphone in campaign finance probe
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
The Imane Khelif controversy lays bare an outrage machine fueled by lies
Former national park worker in Mississippi pleads guilty to theft
WK Kellogg to close Omaha plant, downsize in Memphis as it shifts production to newer facilities