Sam Bankman-Fried is expected to plead not guilty to a new indictment alleging fraud and conspiracy charges
, who pleaded not guilty to three earlier indictments, is expected to be transported to Manhattan federal court from Brooklyn’s Metropolitan Detention Center, which has gained infamy for conditions that public defenders have called “inhumane.” His lawyers have asked Kaplan to let him out five days a week to review evidence at the courthouse, arguing he would otherwise be unable to prepare adequately for his Oct. 2 trial.
Kaplan said in a written order he would allow Bankman-Fried to meet with his lawyers in the courthouse with an internet-enabled laptop for around six-and-a-half hours on Tuesday. Bankman-Fried was jailed after sharing the personal writings of his former romantic partner and colleague, Caroline Ellison, with a New York Times reporter. Ellison, who served as chief executive officer of Bankman-Fried’s hedge fund Alameda Research, is one of three former members of his inner circle who have pleaded guilty and agreed to testify against him at trial.
Prosecutors say Bankman-Fried stole billions of dollars in FTX customer funds to plug losses at Alameda, purchase lavish real estate, and donate more than $100-million to U.S. political campaigns in a bid to promote crypto-friendly legislation. Bankman-Fried has acknowledged risk management failures at FTX but denied stealing funds. Lawyers for Bankman-Fried disclosed that he also may assert an advice-of-counsel defense at trial, prosecutors said in court papers on Friday. The defendant has previously said advice from Silicon Valley law firm Fenwick & West on conduct such as FTX’s use of disappearing messages led him to believe his activity was above-board.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Britney Spears' doomed marriage: Estranged husband Sam Asghari just 'disappeared'Britney Spears\u0027 relationship with estranged husband Sam Asghari seemed doomed right from the start.
Read more »
Pakistan's jailed ex-PM Imran Khan faces charges over state secretsBy Asif Shahzad ISLAMABAD (Reuters) - Pakistani authorities have opened a criminal investigation against jailed former prime minister Imran Khan on ...
Read more »
Britney Spears goes topless, gets licked by man following Sam Asghari divorce news: 'PLAYED ALL NIGHT'Britney Spears isn\u0027t letting her recent split from Sam Asghari get her down.
Read more »
I asked ChatGPT whether Sam Altman’s Worldcoin still worth investing inI asked ChatGPT about the performance of Sam Altman's Worldcoin project as its value falls 30% since its launch.
Read more »
Sam Asghari Asks Fans For Help Choosing A ‘Paparazzi Disguise’ Following Britney Spears Divorce NewsSam Asghari is eyeing up some potential paparazzi disguises amid his divorce from Britney Spears. Asghari took to his Instagram Story over the weekend to share three selfies, each with a different wig and look. He told fans, “Help me choose paparazzi disguise 🤔.' [readmore label='READ MORE: ' link='https://etcanada.com/news/1014917/britney-spears-makes-late-night-food-run-in-first-sighting-since-sam-asghari-divorce/' /] https://twitter.com/PopCrave/status/1692994994309644425 Asghari's post came after ET…
Read more »