Sam Bankman-Fried lost yet another bid to be released from a Brooklyn federal jail days before he goes on trial in one of the biggest white-collar criminal cases in US history.
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Bankman-Fried loses bid for release from jail during trialNEW YORK (Reuters) - Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from ...
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Bankman-Fried loses bid for release from jail during trialNEW YORK (Reuters) - Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from ...
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Bankman-Fried loses bid for release from jail during trialSam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from jail during his fraud trial starting next week. Bankman-Fried's lawyers on Sept. 25 asked U.S. Judge Lewis Kaplan in Manhattan to grant him temporary release, arguing they would not otherwise be able to properly represent him. 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.
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FTX founder Sam Bankman-Fried loses bid to be released from jail during fraud trialSam Bankman-Fried’s lawyers had asked the judge to grant Bankman-Fried temporary release, arguing they would not otherwise be able to properly represent 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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