1 year ago
In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the lawsuit could past 4 to 5 weeks.
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Former FTX CEO Sam “SBF” Bankman-Fried volition walk astatine slightest 21 days successful tribunal arsenic portion of his transgression trial, which volition statesman successful earnest connected Oct. 4 and past until Nov. 9, according to a recently released proceedings calendar posted to the nationalist tribunal docket.
The burgeoning proceedings calendar, released connected Sept. 28, begins connected Oct. 3 with assemblage selection. The archetypal authoritative day of the Bankman-Fried trial is Oct. 4, wherever they volition statesman discussing 7 fraud charges laid against him.
There are 2 substantive charges wherever the prosecution indispensable person a assemblage that Bankman-Fried committed the crime. Five different “conspiracy” charges impact the prosecution convincing a assemblage that Bankman-Fried planned to perpetrate the crimes.
There are 15 afloat proceedings days successful October and different six successful November. The tribunal volition not beryllium successful league betwixt Oct. 20 and Oct. 25 and connected weekends. Public holidays besides autumn connected Oct. 9 and Nov. 10, and determination is besides nary proceedings slated for Nov. 3.
United States v. Sam Bankman-Fried proceedings calendar. Source: CourtlistenerThe erstwhile FTX CEO has been serving pre-trial detention astatine the Metropolitan Detention Center since Aug. 11. Through his attorneys, Bankman-Fried has filed galore motions for impermanent merchandise to hole for his upcoming trial.
His latest effort was knocked back again connected Sept. 28 by United States District Judge Lewis Kaplan, suggesting Bankman-Fried mightiness beryllium a formation risk, fixed his young property and a “very agelong sentence” if convicted.
“If things statesman to look bleak… possibly the clip would travel erstwhile helium would question to flee.”However, Kaplan said that helium was sympathetic to the defense’s concerns and has granted Bankman-Fried support to get astatine tribunal astatine 7 americium section clip connected astir proceedings days to talk with his lawyers earlier grounds begins.
Related: Sam Bankman-Fried’s impermanent merchandise petition denied arsenic proceedings day looms
During the proceeding connected Sept. 28, adjunct U.S. lawyer Danielle Kudla said the Department of Justice estimated the lawsuit could past 4 to 5 weeks.
SBF, who pleaded not blameworthy to 7 counts of fraud and conspiracy pursuing the illness of FTX, faces a statutory maximum of 110 years successful prison.
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