Incoming reports indicate that Sam Bankman-Fried’s legal team is readying their arguments for a pretrial release hearing before the U.S. appeals court on Tuesday as the billionaire founder of the defunct exchange FTX prepares for his trial on Oct. 3.
On Aug. 11, the tides of fortune turned dramatically against Bankman-Fried, as he was thrown to jail when U.S. District Judge Kaplan Lewis revoked his $250 million bond. In a spirited appeal, SBF argued that his confinement infringes upon his First Amendment right to engage with the press and attempt to mend his damaged reputation.
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