Arguments to free FTX founder Sam Bankman-Fried get rough reception from federal appeals panel

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A federal appeals court in Manhattan seems unreceptive to arguments that FTX founder Sam Bankman-Fried should be released before his trial starts in two weeks.

Kaplan said at a recent hearing that the diary-like writings by Caroline Ellison were of the kind that a former romantic partner was unlikely to share with anyone “except to hurt, discredit, and frighten the subject of the material.”

Bankman-Fried’s lawyer, Mark Cohen, told the 2nd Circuit to overturn the revocation of bail so he can properly prepare for a trial set to start with jury selection on Oct. 3. He said documents in the case that his client can no longer access are so voluminous that they would be as tall as three skyscrapers if they were printed out in a single stack.Circuit Judge William J.

“But, like anyone else, if it is true that he has intimidated witnesses, at a certain point, he makes his own bed and he sleeps in it,” Nardini said. Circuit Judge Denny Chin asked if there was a First Amendment right “to influence or discredit a witness who may testify against you. Is there?”Circuit Judge John M. Walker Jr. said Kaplan was in the best position to decide whether Bankman-Fried had intent to influence or intimidate witnesses and the 2nd Circuit must “afford tremendous and probably the greatest amount of deference” to his rulings.The Associated Press is an independent global news organization dedicated to factual reporting.

 

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