{"id":145275,"date":"2023-09-01T14:38:48","date_gmt":"2023-09-01T09:08:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=145275"},"modified":"2023-09-01T14:38:48","modified_gmt":"2023-09-01T09:08:48","slug":"ftx-sam-bankman-frieds-october-trial-date-no-longer-a-sure-thing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ftx-sam-bankman-frieds-october-trial-date-no-longer-a-sure-thing-crypto-news\/","title":{"rendered":"FTX Sam Bankman-Fried\u2019s October Trial Date No Longer A Sure Thing &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Disgraced FTX Founder <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/ftx\/sam-bankman-fried-100m-political-favors\/\"><span style=\"font-weight: 400\">Sam Bankman-Fried\u2019s<\/span><\/a><span style=\"font-weight: 400\"> (SBF) trial is set to begin on October 3. However, a recent development suggests that his trial date could be pushed back.\u00a0<\/span><\/p>\n<h2>Judge Kaplan Could Delay FTX Founder Trial Date<\/h2>\n<p><span style=\"font-weight: 400\">According to a Reuters <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/sam-bankman-fried-could-have-ftx-fraud-trial-delayed-2023-08-30\/\"><span style=\"font-weight: 400\">report<\/span><\/a><span style=\"font-weight: 400\">, Judge Lewis Kaplan, the judge in charge of SBF\u2019s case, said he could consider delaying the trial slated for October 3 to give SBF and his lawyers more time to review discovery documents and prepare their defense.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Judge Kaplan told SBF\u2019s lawyers they could ask for a postponement if they needed more time. However, he clarified that there is no guarantee that he would grant it as the defendant must prove there is \u201ca need\u201d to postpone the trial date. To prove this, they must go beyond just stating the number of discovery materials they need to review. According to the Judge, there has to be \u201cmore meat on those bones.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">A virtual hearing had taken place on August 30 to rule on the pending requests by the FTX founder\u2019s lawyers. They had earlier <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoinist.com\/sam-bankman-fried-ftx-trial\/#:~:text=According%20to%20an%20electronically%20filed,trial%20commences%20on%20October%202.\"><span style=\"font-weight: 400\">asked<\/span><\/a><span style=\"font-weight: 400\"> that the government be precluded from using certain documents as evidence when the trial commences.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The defense counsel had <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoinist.com\/sam-bankman-fried-ftx-trial\/#:~:text=According%20to%20an%20electronically%20filed,trial%20commences%20on%20October%202.\"><span style=\"font-weight: 400\">alleged<\/span><\/a><span style=\"font-weight: 400\"> the government had produced \u201can additional 4 million pages of discovery\u201d on August 24, which they believe their client won\u2019t be able to finish reviewing before his trial begins.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the judge denied this request, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/innercitypress\/status\/1696936640395063718?s=20\"><span style=\"font-weight: 400\">noting<\/span><\/a><span style=\"font-weight: 400\"> that the government had clarified that they would obtain information continuously.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Interestingly, before his <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/breaking-news-ticker\/breaking-ftx-founder-sbf-on-the-brink-of-jail-judge-set-to-rule-on-bail\/\"><span style=\"font-weight: 400\">bail was revoked<\/span><\/a><span style=\"font-weight: 400\">, SBF had access to the Google documents, which form part of the documents the defense asks to be precluded as evidence. The judge stated that the defense\u2019s alleged \u201cdeluge of documents\u201d was \u201cseriously exaggerated.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">SBF and his lawyers will have to file a motion by the end of this week if they intend to ask for a postponement. The Judge also suggested that any postponement would likely move the trial date to March 11, 2024, subject to approval by the Bahamas government.\u00a0<\/span><\/p>\n<\/p>\n<pre style=\"text-align: center\">FTT token struggles at $1.033 | Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/Tradingview.com\">FTTBUSD on Tradingview.com<\/a><\/pre>\n<h2>Lawyers Ask For Temporary Release For Sam Bankman-Fried<\/h2>\n<p><span style=\"font-weight: 400\">During the hearing, SBF\u2019s lawyers asked for a <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoinist.com\/ftx-sam-bankman-fried-jail\/\"><span style=\"font-weight: 400\">temporary release for their client<\/span><\/a><span style=\"font-weight: 400\">, stating that they had no faith in the provisions the government had made for SBF.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the prosecutors <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoinist.com\/court-responds-to-sam-bankman-fried\/\"><span style=\"font-weight: 400\">argued<\/span><\/a><span style=\"font-weight: 400\"> that they had made enough provisions for SBF as he had 70 hours a week to do discovery. Furthermore, his lawyers were allowed to visit him seven days a week, and they provided him with a laptop that he could use every day from about 8 AM to 7 PM<\/span><\/p>\n<p><span style=\"font-weight: 400\">Judge Kaplan stated he wasn\u2019t going to rule on the defendant\u2019s application just yet and asked for a joint report to be presented to him by September 5 as to the \u201cexact situation\u201d at the Brooklyn Metropolitan Detention Center (MDC) where SBF is being held.<\/span><\/p>\n<p>Featured image from Bloomberg, chart from Tradingview.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Disgraced FTX Founder Sam Bankman-Fried\u2019s (SBF) trial is set to begin on October 3. However, a recent development suggests that his trial date could be pushed back.\u00a0 Judge Kaplan Could Delay FTX Founder Trial Date According to a Reuters report, Judge Lewis Kaplan, the judge in charge of SBF\u2019s case, said he could consider delaying [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":145276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-145275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=145275"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145275\/revisions"}],"predecessor-version":[{"id":145719,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145275\/revisions\/145719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/145276"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=145275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=145275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=145275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}