By Matthew Russell Lee, Patreon Substack
SDNY COURTHOUSE, July 26 – Sam Bankman-Fried of FTX was indicted in the U.S. District Court for the Southern District of New York, leading to his arrest in the Bahamas on December 12, and extradition to the US on December 21.
On February 28, with Bankman-Fried free on bond, FTX's Nishad Singh pleaded guilty to six criminal charges. Inner City Press put the charging document on its DocumentCloud here.
On March 10, Judge Kaplan held a proceeding. Inner City Press was there and live tweeted, thread here.
On March 27, Bankman-Fried's lawyers filed a sealed version of conditions it said DOJ agreed to - adding that "the Government does not object to the sealing request." Full letter on Patreon here.
On July 13, SBF's lawyers sent Judge Kaplan a sealed list of people, not stating even the number of people, for whom the security guard requirement - to show not sharing phones with SBF - should to waived. They argue, as they did with the co-signers, that the list should be sealed. And they say the SDNY prosecutors agree.... Letter on Patreon here
Early on July 14, Inner City Press filed to unseal the list, filing on DocumentCloud here.
On the evening of Friday, July 21, in an order otherwise about banning SBF from leaking more of Caroline Ellison's diaries, Judge Kaplan ordered a July 26, 2 pm appearance, "The parties shall be prepared on July 26 to address, among other things, the adequacy and continuation of the current bail conditions."
On July 26, SBF dodged remand, with a briefing schedule thread here. Later on July 26, the US dropped the campaign finance charges: "The Government has been informed that The Bahamas notified the United States earlier today that The Bahamas did not intend to extradite the defendant on the campaign contributions count. Accordingly, in keeping with its treaty obligations to The Bahamas, the Government does not intend to proceed to trial on the campaign contributions count." Full letter on Patreon here.
The case is US v. Bankman-Fried, et al., 22-cr-673 (Kaplan)
More with analysis on Substack here
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