DOJ Requests Additional Day in Sam Bankman-Fried Trial
The United States Department of Justice (DOJ) has asked for an extra day to be added to the trial dates of Sam Bankman-Fried, the founder and former CEO of FTX crypto exchange. In a letter addressed to Judge Lewis A. Kaplan, who is presiding over the case, the DOJ requested that Friday, October 6, be included in the trial schedule, which is already set to begin on October 3.
The reason behind this request is to ensure that witnesses can be transported to New York, where the trial is taking place, and made available for the proceedings. It would also allow for more time for the trial itself, considering the upcoming long weekend due to the Columbus Day holiday on October 9.
The letter from the DOJ states that adding an extra day would optimize the jury’s time, accommodate witness travel schedules, and keep the trial on track according to the government’s estimated duration.
However, Sam Bankman-Fried and his defense team oppose this request from the DOJ. The defense had previously been given an opportunity to request a postponement of the trial date but chose not to do so.
FTX Faces Legal Issues Ahead of Trial
In addition to preparing for his upcoming trial against the government, Sam Bankman-Fried has faced legal issues with his defunct crypto exchange FTX. FTX has filed a lawsuit accusing Bankman-Fried’s parents, Allan Joseph Bankman and Barbara Fried, of using their influence within the company to financially benefit themselves.
This lawsuit follows criticism from prosecutors regarding Bankman-Fried’s defense team’s prepared questions for jury selection. The prosecution claims that these questions were unnecessarily intrusive and aimed at eliciting sympathy for their client.
Furthermore, Bankman-Fried was denied release leading up to the trial. The court believes that he has had enough time to go through the discovery presented by the prosecutors.
Hot Take: DOJ Seeks Extra Day in Sam Bankman-Fried Trial
The United States Department of Justice has requested an additional day be added to the trial dates of Sam Bankman-Fried, founder and former CEO of FTX crypto exchange. This request aims to ensure witnesses can be transported to New York for the trial and provide more time for proceedings. However, Bankman-Fried and his defense team oppose this request. Meanwhile, FTX, Bankman-Fried’s defunct crypto exchange, has filed a lawsuit against his parents, accusing them of using their influence within the company for personal gain. The prosecution has criticized Bankman-Fried’s defense team for their prepared questions during jury selection, claiming they were unnecessarily intrusive. With the trial approaching, these legal issues continue to heat up.
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