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FTX’s Sam Bankman-Fried Has Sufficient Time To Prepare For Trial, DOJ Claims

Press Releases Crypto News Bitcoinist FTX’s Sam Bankman-Fried Has Sufficient Time To Prepare For Trial, DOJ Claims

On Tuesday, the United States Department of Justice (DOJ) said that Sam Bankman-Fried (SBF), the embattled co-founder of the defunct FTX crypto exchange, has been given sufficient time and resources to review discovery materials for the case against him.

Bankman-Fried is set to begin his trial in early October, where he faces seven counts of fraud-related offenses. On August 11, the former FTX CEO was ordered to await trial behind bars after US District Judge Lewis Kaplan found him guilty of evidence tampering.

Sam Bankman-Fried Has These Privileges

On Tuesday, 5th of September, the US Department of Justice responded to Judge Lewis Kaplan’s order for a report on Sam Bankman-Fried’s status in the Metropolitan Detention Center (MDC). According to the prosecutors’ letter, the defendant has access to an air-gapped laptop at a visiting room for specific hours on weekdays and weekends.

The letter submitted by the DOJ read:

Since August 31, 2023, the defendant has had the ability to review electronic discovery at the MDC with an air-gapped laptop that is available in the legal visiting room 8:00 a.m. to 7:00 p.m., Monday through Friday, and 8:00 a.m. to 3:30 p.m., Saturday through Sunday and holidays.

Furthermore, the prosecutors claimed that there had been no reported issues with the functionality of the USB ports and software applications used so far and other technological components from the laptop. Meanwhile, the Metropolitan Detention Center has approved using a second air-gapped laptop, which can be kept in an area adjacent to his housing unit “for increased convenience.”

Based on the DOJ’s report, three internet speed tests were conducted at different times in the cell block area where SBF uses the internet. These tests revealed that the download transfer rate was recorded at 34 Mbps in the morning and early afternoon.

Meanwhile, the download transfer rate was reported at 7.5 Mbps in the late afternoon – slowe

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Author: Opeyemi Sule

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