Arguments to free FTX founder Sam Bankman-Fried get rough reception from federal appeals panel

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Arguments to free FTX founder Sam Bankman-Fried get rough reception from federal appeals panel
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A federal appeals court in Manhattan seems unreceptive to arguments that FTX founder Sam Bankman-Fried should be released before his trial starts in two weeks

should be released on bail before his trial starts in two weeks so he can better prepare for trial.

Bankman-Fried, 31, was extradited to the United States last December from the Bahamas to face charges that he stole billions of dollars in FTX customer deposits, spending tens of millions on his businesses, speculative investments, charitable donations and campaign contributions meant to influence cryptocurrency regulation in Washington.

Bankman-Fried’s lawyer, Mark Cohen, told the 2nd Circuit to overturn the revocation of bail so he can properly prepare for a trial set to start with jury selection on Oct. 3. He said documents in the case that his client can no longer access are so voluminous that they would be as tall as three skyscrapers if they were printed out in a single stack.Circuit Judge William J.

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