Judge Denies Temporary Release For Sam Bankman-Fried During Trial

Sam Bankman-Fried volition person to stay successful jailhouse for the duration of his trial, a national justice ruled connected Thursday, saying that the erstwhile FTX laminitis has had capable clip to reappraisal worldly successful mentation for the trial.

“I’m truly not wholly persuaded by the statement [defense attorney] makes,” Judge Lewis A. Kaplan, who oversees the trial, said. "They're not going successful acold here."

Mark Cohen, the pb lawyer representing Bankman-Fried, said that helium would person “almost nary time” with the erstwhile FTX CEO to talk with him earlier the proceedings and that present “is the due time” to inquire for a release.

Bankman-Fried's attorneys already mislaid 2 bids to person their lawsuit released from jailhouse up of trial. They inactive tried again this week, arguing they would person nary opportunities to confer with the erstwhile FTX enforcement aft the extremity of a proceedings time and offering a strict acceptable of limitations they said Bankman-Fried would hold to, including being supervised astatine each times and prevented from accessing immoderate computers, phones oregon different electronics.

Prosecutors pushed backmost successful a filing yesterday, saying Bankman-Fried and his lawyers had not met the load of impervious showing a impermanent merchandise was "necessary." Moreover, they said the projected program to person a defender watching implicit Bankman-Fried whitethorn not conscionable the ineligible requirements for a impermanent release.

When Cohen argued successful tribunal that Bankman-Fried does not contiguous a formation risk, Kaplan interjected with his ain thoughts connected the matter. “I’ve wondered astir that,” the Judge told Bankman-Fried’s lawyer. “Your lawsuit could beryllium looking astatine a precise agelong sentence,” helium added, remarking that Bankman-Fried is inactive comparatively young astatine conscionable 31 years old. “If things look bleak… if helium had that opportunity, possibly helium would question to flee.”