Days after a federal judge revoked FTX founder Sam Bankman-Fried’s bail, he now seeks permission to spend five weekdays outside the lockup to collaborate with his legal team on his defense case.
According to a letter sent to Judge Lewis Kaplan on Friday, as reported by Bloomberg, legal representatives for SBF stated that their client faced difficulties thoroughly reviewing the extensive document accumulation related to the case while confined to the Metropolitan Detention Center in Brooklyn, New York.
Christian Everdell, attorney for SBF, stated:
“Just last week the government produced three-quarters of a million pages of Slack communications, which were supposed to be produced months ago, that Mr. Bankman-Fried will have no hope of reviewing under this schedule.”
According to Everdell, facilitating SBF’s access to his legal team and allowing him to use an internet-enabled laptop on courthouse premises would accelerate the proceedings. The lawyer emphasized the significance of this arrangement, given that his fraud trial is scheduled to start in October.
Maintaining his innocence, SBF faces allegations of masterminding an elaborate fraud scheme involving unauthorized access to billions of dollars from FTX customer funds for personal use.
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Author: Amaka Nwaokocha