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FTX Founder Sam Bankman-Fried is Seeking Temporary Release From Jail Before October Trial.


The FTX founder’s legal team is pushing for a temporary release of SBF ahead of his scheduled October trial.

Sam Bankman-Fried seeks release before October Trial. (the

FTX founder, Sam Bankman-Fried, is seeking temporary release from jail ahead of his trial scheduled on October 3rd. 

According to Ethereum World News, Sam Bankman-Fried, the FTX founder, is seeking temporary release before his trial. His lawyers have recentyly files an appeal with the 2nd US Circuit Couort of Appeals, seeking the FTX Founder’s release after he was incarceratated for allegedly tampering with witnesses in the lawsuit that was filed to him against by the US Department of Justice.


The filing of the FTX founder’s legal team late on AUgust 25 argued that SBF has exercised his First Ammendemt rights by sharing the personal witing of caroline Ellison, former Alamedua Research CEO, to the New York Times. 


The court filing statd that the FTX founder’s actions were aimed at his protection rather than harassing Ellison, a former member of his inner circle. The FTX founder was also under fire for attempting to influence the former general counsel of FTX US, Ryan Miller, who is also a potential witness to the lawsuit against SBF.

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SBF’s legal team also highlighted the lack of computer access at the Brooklyn Metropolitan Detention Center, where the FTX founder is being held. His lawyers have claimed that this prevented Bankman-Fried from analyzing evidence and preparing for trial.

According to the International Business Times, in their motion, the FTX founder’s lawyers asked the Court to reconsider their previous decision and instruct the Marshalls to make SBF available at 500 Pearl Street’s proffer rooms five days a week. During his sessions, the FTX founder’s legal team would provide him of internet-enabled computer to review, edit, and share documents, and work products with his legal team. They have also assured that the defense counsel will be present throughout the meeting and will retrieve the computer after the session is done.


Sam Bankman-Fried was previously granted bail and was in house arrest at his parents’ house in Palo Alto but this was revoked just this month due to violations of conditions, like alleged tampering with witnesses. He is now to remain at the Metropolitan Detention Center until his October trial.


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