Will Sam Bankman-Fried’s trial be postponed?
Reports suggest that Judge Lewis Kaplan might be open to the idea of postponing the trial.
- Bankman-Fried’s legal team expressed concerns about their client’s inability to prepare for trial.
- They highlighted issues such as a lack of essential software and internet accessibility.
- Judge Kaplan asked the defense to make a decision on postponement by the end of the week.
- Assistant U.S. Attorney Kudla stated that Bankman-Fried has ample time and resources for preparation.
- Bankman-Fried’s legal team lodged a plea for his temporary release, citing inadequate preparation due to lack of internet access.
The chances of postponing the trial seem slim, as the prosecution argues that Bankman-Fried has sufficient resources for preparation. However, his legal team continues to emphasize the challenges they face without internet access while incarcerated.
Clock ticking on Bankman-Fried trial
Bankman-Fried is currently detained at the MDC and will face seven charges in his imminent criminal fraud trial on October 3.
- A second trial is scheduled for March 11, 2024, where he will defend against six additional accusations.
- His legal team has filed a plea for temporary release, citing the impossibility of adequately reviewing millions of pages of evidence without internet access.
- They argue that this violates Bankman-Fried’s Sixth Amendment rights and leads to inadequate representation.
As the trial approaches, Bankman-Fried’s legal team continues to highlight the challenges they face in preparing for the case without internet access.
Hot Take
While the defense raises valid concerns about inadequate preparation, the chances of postponing the trial appear slim. The prosecution argues that Bankman-Fried has ample time and resources for preparation, and it remains to be seen how the judge will weigh these arguments. The lack of internet access for reviewing evidence remains a significant hurdle for the defense, but it is uncertain if it will be enough to grant a postponement. The outcome of this trial will have significant implications for the crypto community and Bankman-Fried’s future in the industry.
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