Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial

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Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial
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Bankman-Fried will go on trial next month.

that Bankman-Fried was in a situation of his own making in refuting the onetime FTX CEO's multiple motions for a pretrial release. Bankman-Fried was released on bond after his arrest, but the Southern District of New York judge revoked it last month after finding that the defendant had tried to interfere with witnesses on at least two occasions.

Prosecutors and the defense attorneys have gone back and forth over Bankman-Fried's level of access over the past few weeks, with the Department of Justice arguing that he has access to laptops and hard drives on a daily basis and the internet twice a week. The defense has argued that this level of access is unacceptable and was seriously hampering his effort to work on his defense.

The prosecution and defense both requested a September or October trial date, which the judge granted. While the defense team had a chance to request a postponement of the trial date, which is currently set to begin Oct. 3, no such request was made, the judge added.

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