Saturday, August 12, 2023

Bankman-Fried Due for Aug 11 Bail Hearing Extends Notice Time to Aug 16 Docs still Sealed


By Matthew Russell Lee, Patreon Substack

SDNY COURTHOUSE, Aug 7 – 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, 2022 and extradition to the US on December 21.

On July 26, the SDNY prosecutors informed Judge Lewis A. Kaplan they are dropping the campaign finance charges against SBF, at the request of the Bahamas.

On July 27, SBF's lawyers cursorily asked Judge Kaplan for "leave to file under seal" documents SBF already gave to the New York Times.

 Inner City Press immediately filed opposition to sealing in full. Filed letter on DocumentCloud here.

On August 1 after 8 pm SBF's team filed / got an affidavit from Lawrence Tribe, "My primary goal in writing this affidavit is to respectfully present for judicial consideration what I regard as the correct legal framework to help guide the Court’s inquiry into the potential modification of Mr. Bankman-Fried’s bail." Are you in? Full affidavit on Patreon here

On August 3, the US replied about SBF planting the documents and stories in the NYT, without addressing that they are still sealed, full letter on Patreon here.

On August 4, Judge Kaplan docketed: "ORDER as to Samuel Bankman-Fried. The Court will hear further argument on the government's application to revoke defendant's bail or for alternative at 2 p.m. on August 11, 2023. The defendant shall be present. (Signed by Judge Lewis A. Kaplan on 8/4/2023)."

On August 7, SBF's lawyers wrote in to say that the Government has consented to give them two extra days "for the parties’ expert notice and the defendant’s notice of his intention to present an advice of counsel defense or a defense based on mental condition or defect be moved two days to August 16, 2023."

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