Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong for attempting to jail him prior to trial because their arguments are built on “innuendo, speculation, and scant facts.”
Bankman-Fried, 31, has been free on a $250 million personal recognizance bond since his December extradition from the Bahamas to face charges in New York that he defrauded investors in his businesses by diverting millions of dollars from their intended purpose. He has pleaded not guilty to all charges.
The witness, Caroline Ellison, was the CEO of Alameda Research, a cryptocurrency trading hedge fund affiliated with FTX, and had been in an off-and-on romantic relationship with Bankman-Fried prior to the collapse last November of FTX. “In support of its theory that Mr. Bankman-Fried ‘tampered’ with witnesses, the Government proffers evidence that consists of innuendo, speculation, and scant facts,” the lawyers wrote. “The Government’s showing is a far cry from the evidence presented in cases in this district where remand has been ordered in connection with alleged witness tampering, and in no way supports revocation of Mr. Bankman-Fried’s bail.
They also complained that Bankman-Fried had communicated so frequently with writers, saying he had participated in over 1,000 telephone calls, including more than 500 with author Michael Lewis, who is working on a book on Bankman-Fried titled: “Going Infinite: The Rise and Fall of a New Tycoon.” They said the Times story managed to portray Ellison in a sympathetic manner and likely did more harm to Bankman-Fried. They also cited information in the article that could not have come from him, and they accused prosecutors of sharing some of the information mentioned by the Times.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FTX Saga Continues: Will Sam Bankman-Fried Go to Jail Before His October Trial?Sam Bankman-Fried continues to be in the spotlight ahead of his upcoming criminal trial, as the DOJ aims to send the disgraced FTX founder to jail ahead of his court date, on allegations that he has repeatedly tried to influence witness testimony. Hermine Wong, former head of policy at Coinbase and current principal at herminewong.xyz, joins 'The Hash' to discuss the latest developments in the FTX saga and outlook on the SEC's lawsuit against Coinbase.
Weiterlesen »
FTX founder Sam Bankman-Fried doesn't deserve to be jailed ahead of trial, lawyers argueLawyers for FTX founder Sam Bankman-Fried said Tuesday that prosecutors are wrong to seek his detention prior to trial because their arguments are built on...
Weiterlesen »
U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: DefenseJUST IN: Attorneys for Sam Bankman-Fried accused the U.S. Department of Justice of 'mischaracterizing' facts in a Tuesday filing pushing back against the government's motion to detain the FTX founder ahead of his trial. nikhileshde reports
Weiterlesen »
Feds Say They Want Sam Bankman-Fried in Jail for Intimidating WitnessesProsecutors claim Bankman-Fried tried to “discredit” the reputation of his ex-girlfriend, who is cooperating in the case against him.
Weiterlesen »
Sam Bankman-Fried Campaign Finance Charges Dropped | CoinMarketCapSam Bankman-Fried, the founder of failed cryptocurrency exchange FTX, has had a campaign financing allegation against him dropped by U.S. prosecutors.
Weiterlesen »
Bald Token Rugpull May Have Links to Sam Bankman-Fried’s Alameda, Data ShowsOn-chain data suggests interactions between the memecoin BALD’s deployer contract and one of the wallets tagged by Nansen as belonging to Alameda Research. By thesamreynolds and shauryamalwa.
Weiterlesen »