• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

FTX Founder Sam Bankman-Fried’s Highly-Anticipated Fraud Trial Could Be Delayed: Report

August 31, 2023
in Regulation
Reading Time: 2min read
0 0
A A
0
Ripple CEO Brad Garlinghouse Says $3,700,000,000 Wells Fargo Violation Overshadowed by FTX
0
SHARES
6
VIEWS
ShareShareShareShareShare

The highly-anticipated fraud trial of disgraced FTX founder Sam Bankman-Fried reportedly could be delayed after his lawyers complained that he did not have adequate time to review the evidence.

According to a new report by Reuters, Judge Lewis Kaplan is considering pushing back the trial five months and combining it with a previously scheduled case related to Bankman-Fried’s forgery charges in the Bahamas.

Bankman-Fried’s attorneys allege that officials failed to give their client hard drives containing millions of pages of key evidence for him to review.

As stated by Kaplan, according to Reuters,

“If the defendant in good conscience feels that he needs a postponement … they can ask.”

However, the report says that Kaplan isn’t likely to delay the trial from its original date solely because of the sheer volume of evidence that exists and that the defense would have to provide a “genuine and unanticipated need.”

Furthermore, Kaplan says there’s no evidence that prosecutors acted in bad faith as the majority of the evidence came from Bankman-Fried’s own personal Google account, meaning that he had access to it before his bail was revoked.

Previously, Bankman-Fried’s lawyers asked if they could be granted unlimited prison visitation with their client. Days later, they asked if he could be temporarily released ahead of his trial.

Bankman-Fried’s bail was revoked earlier this month after he was alleged to be tampering with witnesses. If the trial is combined with the other, it would move from October 3rd, 2023 to March 11, 2024, according to the report.

Bankman-Fried is charged with defrauding investors and mishandling billions of dollars worth of customer funds related to the 2022 collapse of the crypto exchange FTX. If convicted, he faces decades behind bars.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Volodimir Zozulinskyi


Credit: Source link

ShareTweetSendPinShare
Previous Post

Biggest Crypto Gainers Today on DEXTools – DACT, SILKROAD, BS

Next Post

SEC Files ‘Secret’ Sealed Motion in Court Battle Against Top Crypto Exchange Binance

Next Post
SEC Files ‘Secret’ Sealed Motion in Court Battle Against Top Crypto Exchange Binance

SEC Files ‘Secret’ Sealed Motion in Court Battle Against Top Crypto Exchange Binance

You might also like

Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

Kbank Tests Ripple Wallet for South Korea Remittances

April 27, 2026
Bitcoin Faces 5th Rejection At $72,000, Is A Correction Coming?

Bitcoin To $88,000? Analysts Eye May Breakout After Key Close

April 28, 2026
Is The Rally Losing Steam?

Is The Rally Losing Steam?

April 30, 2026
AI Agents Are Fueling a New Era of Crypto Payments, Says Pollak

AI Agents Are Fueling a New Era of Crypto Payments, Says Pollak

April 27, 2026
Binance Ethereum Supply Hits 2020 Levels While Staking Locks A Third: Repricing Ahead?

Binance Ethereum Supply Hits 2020 Levels While Staking Locks A Third: Repricing Ahead?

April 28, 2026
Ethereum Shows Strength With $1 Billion In Buying Despite Hawkish Fed

Ethereum Shows Strength With $1 Billion In Buying Despite Hawkish Fed

May 1, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

US CLARITY Act Moves Closer To Law After Stablecoin Update

US CLARITY Act Moves Closer To Law After Stablecoin Update

May 2, 2026
US CLARITY Act Moves Closer To Law After Stablecoin Update

US CLARITY Act Moves Closer To Law After Stablecoin Update

May 2, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.