Current:Home > StocksSam Bankman-Fried’s lawyers renew claim that the FTX founder can’t prepare for trial behind bars -NextGenWealth
Sam Bankman-Fried’s lawyers renew claim that the FTX founder can’t prepare for trial behind bars
View
Date:2025-04-13 22:10:07
NEW YORK (AP) — Lawyers for Sam Bankman-Fried said Friday that prosecutors have delivered another four million pages of documents for the FTX founder to examine six weeks before trial, making it impossible for the former cryptocurrency executive to adequately review the evidence for an October trial from behind bars.
Bankman-Fried lost the right to remain free on bail when a judge decided two weeks ago that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. Prosecutors say he intentionally deceived customers and investors to enrich himself and others, while playing a central role in the company’s multibillion-dollar collapse after the equivalent of a bank run.
In a letter to U.S. District Judge Lewis A. Kaplan, attorneys Christian Everdell and Mark Cohen renewed their request for the 31-year-old to be freed so he can adequately prepare for his Oct. 3 trial. He’d been living with his parents in Palo Alto, California, under the terms of a $250 million bail deal that was in place since he was brought to the United States from the Bahamas in December.
His lawyers appealed the ruling to jail him to the 2nd U.S. Circuit Court of Appeals. And earlier this week, they complained at a hearing that he has had to survive at a Brooklyn lockup on bread, water and peanut butter because they won’t provide him with vegan food.
They said the jail conditions, his limited access to computers and the evidence against him, and the government’s late turnover of millions of pages of documents has violated his Sixth Amendment rights, including the right to know the evidence against him.
“We do not believe that anything short of temporary release will properly address these problems and safeguard Mr. Bankman-Fried’s right to participate in his own defense,” the lawyers wrote.
Bankman-Fried has pleaded not guilty to charges including wire fraud and conspiracy.
A spokesperson for prosecutors declined comment Friday.
In Friday’s letter, Everdell and Cohen wrote that the four million pages of materials was turned over to the defense by prosecutors on Thursday and it was expected that the government will “produce millions more pages even at this late stage.”
They said Bankman-Fried had been working between 80 and 100 hours a week on his defense before he was jailed, even managing to produce a spreadsheet with millions of cells of data.
The lawyers complained that an arrangement allowing Bankman-Fried to be brought to the Manhattan federal courthouse two days a week for computer access is inadequate, in part because the laptop he is provided has limited battery life and no power outlet in his cell block to charge it.
veryGood! (5)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Saltwater Luxe Floral Dresses Will Be Your New Go-Tos All Summer Long
- Martha Stewart Reacts to Landing Sports Illustrated’s Swimsuit Cover at Age 81
- Facebook whistleblower Francis Haugen: No accountability for privacy features implemented to protect young people
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- MacKenzie Scott is shaking up philanthropy's traditions. Is that a good thing?
- Big Win for Dakota Pipeline Opponents, But Bigger Battle Looms
- Trump’s EPA Pick: A Climate Denialist With Disdain for the Agency He’ll Helm
- What do we know about the mysterious drones reported flying over New Jersey?
- 2016: Canada’s Oil Sands Downturn Hints at Ominous Future
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- High school senior found dead in New Jersey lake after scavenger hunt that went astray
- Sam Asghari Speaks Out Against “Disgusting” Behavior Toward Wife Britney Spears
- New York City’s Solar Landfill Plan Finds Eager Energy Developers
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Facebook whistleblower Francis Haugen: No accountability for privacy features implemented to protect young people
- A newborn was surrendered to Florida's only safe haven baby box. Here's how they work
- In Mount Everest Region, World’s Highest Glaciers Are Melting
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Warning for Seafood Lovers: Climate Change Could Crash These Important Fisheries
Unable to Bury Climate Report, Trump & Deniers Launch Assault on the Science
Kim Kardashian Alludes to Tense Family Feud in Tearful Kardashians Teaser
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
This It Cosmetics Balm Works as a Cleanser, Makeup Remover, and Mask: Get 2 for Less Than the Price of 1
Pennsylvania Battery Plant Cashes In on $3 Billion Micro-Hybrid Vehicle Market
After Back-to-Back Hurricanes, North Carolina Reconsiders Climate Change