1 year ago
In an Aug. 30 letter, attorneys for FTX laminitis Samuel Bankman-Fried told a national justice that their lawsuit inactive lacks capable entree to grounds against him, violating his law rights and underscoring the request for his impermanent merchandise earlier trial.
In the missive to U.S. District Judge Lewis A. Kaplan, lawyers Mark Cohen and Christian Everdell said national prosecutors’ caller connection to supply Bankman-Fried with an offline laptop and occasional net entree wrong a courthouse cellblock is insufficient fixed the “massive measurement of discovery” successful the fraud lawsuit against the fallen cryptocurrency billionaire.
“The defence is incapable to adequately hole for proceedings and hole the defense, which is simply a usurpation of Mr. Bankman-Fried’s Sixth Amendment rights.”
They said Bankman-Fried needs accordant entree to an internet-connected laptop to reappraisal millions of pages of documents and “key sources of information” lone disposable online.
“The way the Government has chosen to instrumentality inevitably leads to inadequate representation, which cannot beryllium remedied arsenic agelong arsenic Mr. Bankman-Fried is incarcerated without net access,” the lawyers wrote.
Bankman-Fried has pleaded not blameworthy to charges accusing him of illegally diverting monolithic capitalist funds from his cryptocurrency exchange, FTX. After bail was revoked past month, helium is confined to a tiny compartment successful a Brooklyn national jail.
Prosecutors accidental Bankman-Fried secretly and illegally utilized lawsuit deposits to enactment his lavish lifestyle, donate wealth to politicians, and marque risky trades astatine Alameda Research, his cryptocurrency hedge money trading firm.
Bankman-Fried’s lawyers told Kaplan that contempt authorities promises, helium inactive cannot reappraisal overmuch of the grounds portion locked up, including messages connected the encrypted chat level Slack and materials from FTX and Alameda held successful an Amazon cloud-based retention system.
Saying Bankman-Fried’s entree to find materials and lawyers has been “cumbersome, time-consuming and not productive,” his lawyers made a lawsuit for his impermanent merchandise nether the Bail Reform Act’s “compelling reason” objection to hole for the trial. They said the justice could enforce strict conditions connected his release, including confinement astatine his parents’ location successful California.
The station SBF lawyers assertion Sixth Amendment rights person been violated, petition release appeared archetypal connected CryptoSlate.
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