Sam Bankman-Fried Appeals Decision Jailing Him Ahead of Trial: Reuters

Sam Bankman-Fried’s lawyers person appealed a judge’s decision to nonstop him to jail portion helium is waiting to commencement proceedings implicit respective allegations tied to the illness of his erstwhile crypto speech FTX connected October 3, Reuters reports.

U.S. District Judge Lewis Kaplan, who volition oversee the full proceedings that volition instrumentality spot successful the U.S. District Court for the Southern District of New York, had antecedently revoked the FTX founder’s bail saying that helium tried to tamper with witnesses, including erstwhile FTX.US wide counsel Ryne Miller and erstwhile Alameda Research CEO Caroline Ellison. Bankman-Fried’s attorneys said they would entreaty astatine the aforesaid hearing, and tried unsuccessfully to support him retired of jailhouse until the entreaty was heard.

Bankman-Fried had shared portion of Ellison’s backstage diary with the New York Times which Judge Kaplan deemed arsenic an effort to harass and intimidate her, but the erstwhile billionaire crypto mogul claims helium lone acted retired of extortion for himself, according to documents seen by Reuters.

"It is unclear however a cooperating witnesser who has promised to attest against a suspect could beryllium meaningfully threatened by thing but their ain statements being published by a reputable newspaper," his lawyers wrote.

Bankman-Fried is presently locked up astatine the Brooklyn Metropolitan Detention Center which his lawyers have argued aggregate times interferes with his mentation for trial, which is simply a law right. He is acceptable to spell connected proceedings connected allegations of ligament fraud, commodities fraud, securities fraud, wealth laundering and related conspiracy charges.