FILE PHOTO: Former FTX Chief Executive Bankman-Fried at a courthouse in New York
They said they would need to speak with him after each trial day to prepare for the next day's witnesses and testimony, which they could not do if he were taken back to the Metropolitan Detention Center in Brooklyn at the end of each trial day. They said Bankman-Fried had be given two laptops to review evidence delivered to him on hard drives in jail to help him prepare for trial, which they called "accommodations beyond those accorded to most detainees."
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Who is Sam Bankman-Fried, whose fraud trial starts next week?A few years after graduating college, Sam Bankman-Fried grew worried he was not taking enough risks. So the son of two Stanford Law School professors quit his Wall Street job and in 2017 started a cryptocurrency hedge fund, setting off a sequence of events that culminate next week in his trial for what federal prosecutors have called one of the biggest financial frauds in U.S. history. Two years after launching a hedge fund, Alameda Research, Bankman-Fried founded FTX, an exchange that let users buy and sell digital assets such as bitcoin.
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Sam Bankman-Fried asks judge for suits to wear at trialSam Bankman-Fried, the jailed former cryptocurrency billionaire known for his casual appearance, has asked a U.S. judge for permission to dress up for his forthcoming fraud trial. In a Tuesday night court filing, Bankman-Fried's lawyers asked a judge to order U.S. marshals and Brooklyn jail officials to provide their client with three suit jackets and pairs of slacks to wear in the courtroom. They also asked that Bankman-Fried be given four dress shirts, three ties, one belt, four pairs of socks, two pairs of shoes and 'appropriate undergarments.'
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Sam Bankman-Fried asks judge for suits to wear at trialBy Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried, the jailed former cryptocurrency billionaire known for his casual appearance, has asked a U.S.
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Factbox-What we know about Sam Bankman-Fried's time in a notorious Brooklyn jailSam Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, has been preparing for his Oct. 3 trial on fraud charges from behind bars since Aug. 11, when a U.S. judge jailed him for likely tampering with witnesses. U.S. District Judge Lewis Kaplan revoked Bankman-Fried's bail after he shared the personal writings of Caroline Ellison, his former colleague and romantic partner, with a New York Times reporter. Ellison has pleaded guilty to fraud and is set to testify against him.
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Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried?In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her job on Wall Street to join a startup cryptocurrency hedge fund called Alameda Research because she thought she would earn more money to give to charitable causes. Now, a year after Alameda collapsed, Ellison is preparing to testify as a key witness at the Oct. 3 criminal fraud trial against its founder, another budding young philanthropist who also owned the now-bankrupt FTX cryptocurrency exchange: Sam Bankman-Fried. Ellison became one of Bankman-Fried's top lieutenants as he grew his crypto empire.
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Bankman-Fried Pushes for Jail Release — Again — Ahead of TrialLess than a week before Sam Bankman-Fried faces one of the biggest white-collar crime cases in US history, his lawyers are taking one more shot at getting him out of a Brooklyn jail.
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