DOJ Seeks Bond Revocation for Sam Bankman-Fried, Submits Formal Request to Federal Judge. U.S. Prosecutors Seek Prison for FTX Founder Sam Bankman-Fried Before October Trial, Citing Witness Influence Attempts and Public Safety Concerns.
On Friday, the Department of Justice (DOJ) filed a written submission to a federal judge, continuing their pursuit of detention for Bankman-Fried. This came after their Wednesday statement expressing their intent to seek detention due to Bankman-Fried sharing diaries from ex-Alameda Research CEO Caroline Ellison with the New York Times.
According to the DOJ filing, Bankman-Fried’s action of releasing Ellison’s writings is seen as an attempt to harass her and potentially influence or prevent her testimony in court.
DOJ Accuses Bankman-Fried of Witness Intimidation
In the DOJ filing, Bankman-Fried’s leaking of Ellison’s private writings is cited as an attempt to intimidate and corruptly influence her trial testimony.
The filing also suggests that he aims to discourage other potential trial witnesses from testifying by creating fear of media exposure on personal matters.
While Bankman-Fried has the right to defend himself publicly, the DOJ argues that sharing the diary information goes beyond fair comment, as he repeatedly seeks to corruptly influence witnesses and interfere with a fair trial through public harassment and shaming.
Judge Lewis Kaplan, presiding over the District Court for the Southern District of New York, ordered both the prosecution and defense to prepare formal documents regarding the DOJ’s request to detain Bankman-Fried during a hearing on Wednesday. The defense is required to respond by Tuesday.
Bankman-Fried’s trial is scheduled to commence on October 2, 2023.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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