Lawyers for SBF_FTX want him to be able to access and transfer assets from his former crypto exchange FTX_Official as he awaits a fraud trial. jackschickler reports.
Lawyers for Sam Bankman-Fried have argued he should be allowed access to assets and crypto held by his former company FTX, saying there's no evidence he's responsible for previous alleged unauthorized transactions.
“Nearly three weeks have passed since the initial pretrial conference and we assume that the Government’s investigation has confirmed what Mr. Bankman-Fried has said all along; namely, that he did not access and transfer these assets,” said a“Given that the sole basis advanced for seeking that condition has not been supported, we believe that the bail condition imposed at the conference should be removed,” Cohen told Lewis Kaplan, a judge in the Southern District of New York.
Cohen’s response broadly agrees to the restriction, but says Bankman-Fried should still have access to some former staffers, including his therapist George Lerner.
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