Sam Bankman-Fried's Parents Request the Dismissal of the FTX Clawback Lawsuit
Joseph Bankman and Barbara Fried said the lawsuit seeks to “capitalize on the sheer fact” they were the parents of the former FTX CEO.
ZoeyLog in/ Sign up
FTX Founder Sam Bankman-Fried's Bail Appeal Denied, Faces Prolonged Incarceration
Follow
SBF Bail Appeal Failed
FTX founder Sam Bankman-Fried, convicted of fraud, will remain in jail as the U.S. Court of Appeals for the Second Circuit rejects his plea for release during the appeal process.
The court pointed to Bankman-Fried's past attempts to tamper with witnesses while on pre-trial release as a significant factor in their decision.
The court filing declared:
"We have reviewed the Defendant-Appellant’s additional arguments and find them unpersuasive. Upon due consideration, it is hereby ORDERED that the motion for release pending trial is DENIED. The motion for immediate release pending disposition of this appeal is DENIED as moot."
SBF Bail Revocation
Government prosecutors accused Bankman-Fried of leaking diaries to The New York Times in July, leading to the revocation of his bail by a New York District Court.
Despite arguments from his legal team, asserting the District Court failed to consider a less restrictive alternative to detention, the court dismissed this claim.
They noted that the District Court thoroughly evaluated all relevant factors, including Bankman-Fried's conduct during pre-trial release.
The severity of the situation intensified as Bankman-Fried, formerly the CEO of FTX, received a guilty verdict on 2 November for seven charges linked to fraud and money laundering.
With a sentencing date set for 28 March next year, Sam Bankman-Fried remains behind bars
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
More news about 山姆·班克曼-弗里德
More news about 山姆·班克曼-弗里德
- Zoey
Sam Bankman-Fried Avoids Second Trial
U.S. Prosecutors forego second trial for FTX's Bankman-Fried, focusing on sentencing following sufficient evidence from the first trial.
KikyoSam Bankman-Fried’s Trading Life Continues Behind Bars; Who Else in Prison
SBF now explores an unexpected economy in Brooklyn's Metropolitan Detention Center. Cooling his heels while awaiting sentencing, he delves into the world of prison economics, where mackerel replaces cigarettes as the preferred currency. SBF's unique adaptation involves trading pouches of preserved fish, known as 'macks,' for services within the confines of the detention centre.
JoyFrom Crypto to Fishy Business: Sam Bankman-Fried Navigates Trade in Prison
Sam Bankman-Fried, ex-FTX CEO, navigates prison life by trading mackerel ('macks'), revealing adaptability and offering insights into unconventional prison commerce amid legal challenges.
Hui XinSam Bankman-Fried to Testify at His Criminal Trial But Will it be Enough?
The FTX founder is set to address the jurors directly, seeking to substantiate his assertion that he neither committed nor conspired to commit fraud.
KikyoSam Bankman-Fried's Legal Team Raises Concerns Over Adderall Access
Ongoing concerns over Adderall access highlighted by Sam Bankman-Fried's legal team amidst high-stakes legal battle.
Hui XinSam Bankman-Fried's Day in Court as He Faces the Jury
Jury selection had wrapped up with 12 individuals being selected and the courtroom proceedings unfolded as prosecutors and defense attorneys offered contrasting narratives for the jury's deliberation.
KikyoKey Witnesses to Testify Against Sam Bankman-Fried
This week marks SBF’s attempt to persuade a jury of his peers that he merits a chance at regaining his freedom, with the trial starting today.
CatherineLawyer for Sam Bankman-Fried resubmits request for his interim release from custody
BitcoinworldTrial Countdown: Sam Bankman-Fried's Fight Against Pre-emptive Detention
Forever entangled in a legal drama, Sam Bankman-Fried has proven again his inability to sit still by appealing judicial ruling that resulted in his pre-trial detention.
Catherine