Home » Ethereum » SBF Lawyers Say October Trial May Be Postponed As They Need More Evidence

Lawyer Rob Bankman-Fried said Wednesday that his criminal trial on Oct. 2 may have to be delayed. OneSBF's Ttorney has made up lies and is likely to need extra time to fully check the direct evidence and to prepare for the upcoming trial.

Lawyer SBF is waiting for "a considerable amount" of relevant evidence.

Attorney Bankman-Fry wrote to U.S. District Chief Judge Lewis Kaplan on March 8 that they had not yet announced a change in time, butThis may be necessary.As they are still waiting for a "very large portion" of direct evidence to be handed over to them, and additional charges were made against the FTX founder in mid-late February.

After Bankman-Fried's login password swap failed in November, his instructor noted that prosecutors had made further fraud and co-negotiation charges at the end of last month, bringing the number of charges to 12.

Brad Everdell, one of Bankman-Friedrich lawyers.It was written in the letter:

Depending on the number of additional findings and the duration of production, it is likely that a postponement of the trial will have to be made, which is scheduled for 2 October 2023 at this stage.

The Commodity Futures Trading Federation (CFTC) and the Securities and Exchange Commission (SEC) have both initiated civil fraud cases against the founders of FTX; the trial of such cases has been extended beyond the criminal trial of SBF.

SBF spending soars

In a civil indictment issued by the British federal court in February, Bankman-Fry received four more criminal charges, including spot commodity fraud and illegal political donations.

ThisOriginal civil indictmentThe charges against Bankman-Fry contain only eight charges; a new 12 charges reinforce the latest information about SBF's alleged hundreds of dollars in illegal political donations.

A new complaint document provides more context for fraud allegations against Bankman-Fry related to her cryptocurrency exchange FTX and related financial derivatives Alameda Research, which collapsed at the end of 2022.

It is reported that if SBF was convicted of a variety of frauds in this case, he was imprisoned for up to 40 years.

After being first arrested at the end of 2022, Bankman-Fried pleaded not guilty and was released on bail of $250 million.

In December, two close friends of SBF, King Gamo, founder of FTX, and Caroline Ellison, former CEO of Alameda, pleaded guilty to several types of fraud and other crimes, adding further pressure on SBF's legal and regulatory work.

Wang and Ellison have assisted the office of the United States Attorney Company in Manhattan in filing a lawsuit against Bankman Fried.

-characteristic images derived from hacksaw

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