Wednesday, July 30, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

Judge Sets Deadline: FTX Founder SBF’s Fate Hangs On September 7 Jury Request

August 31, 2023
in Crypto Updates
Reading Time: 3 mins read
A A
0

[ad_1]

In a dramatic courtroom change, Choose Lewis Kaplan and the protection group representing former FTX CEO Sam Bankman-Fried (SBF) mentioned trial preparation challenges and looming deadlines at the moment. 

The proceedings make clear the protection’s alleged difficulties in dealing with the case from inside Brooklyn’s Metropolitan Detention Heart (MDC) partitions. On the identical time, the choose supplied a restricted window for potential trial date changes.

Choose Kaplan And Protection Conflict In FTX Founder’s Case

As reported on X (previously Twitter) by Internal Metropolis Press, the dialogue unfolded with Choose Kaplan setting a September 7 deadline for requesting a jury primarily based on the trial begin date of October 3. 

The protection group, nonetheless, avoided in search of a distinct trial date for preparation functions, prompting the choose to remind them of the chance obtainable throughout the restricted timeframe.

Amidst considerations raised by SBF’s lawyer about late discovery and the federal government’s charging choices, Choose Kaplan clarified that the grand jury was accountable for the timing. The protection argued for the suitable to entry essential paperwork, emphasizing the problem of SBF’s confinement. 

Nevertheless, the choose famous that the protection had not formally requested extra time, highlighting the necessity for a substantive demonstration of necessity.

The interplay continued with discussions relating to FTX’s code base and knowledgeable witnesses, with the protection highlighting the bespoke nature of the code base and the necessity for his or her shopper’s entry to it. 

The protection and prosecutors additionally exchanged remarks in regards to the availability and switch of Slack messages and Google paperwork.

Choose Kaplan addressed the protection’s considerations about an alleged deluge of paperwork, asserting that the protection’s claims had been “exaggerated”. 

He emphasised that if the protection desired a postponement, they need to request it promptly, emphasizing the necessity to exhibit a transparent necessity past the amount of paperwork.

Choose Units Second Trial Date

The choose additionally talked about a second trial date scheduled for March 11, meant to account for the potential for consent being granted by the Bahamas. Nevertheless, he clarified that an extension was not assured, reserving his choice later.

The listening to concluded with discussions about MDC points, together with the unavailability of exhausting drives and issues with battery life. Choose Kaplan postponed ruling on the matter and requested a joint report on the MDC state of affairs by Tuesday. 

He additional urged the FTX founder protection group to submit a joint proposal by the tip of the week regarding any potential requests for extra time.

Because the courtroom drama unfolded, tensions ran excessive between Choose Kaplan and the protection group, setting the stage for a vital authorized battle within the FTX founder’s case. With deadlines looming and challenges mounting, the destiny of the trial and SBF’s authorized technique cling within the steadiness.

FTX
FTX’s native token FTT’s sideways value motion on the each day chart. Supply: FTTUSDT on TradingView.com

Featured picture from iStock, chart from TradingView.com 

[ad_2]

Source link

Tags: DeadlinefateFounderFTXhangsJudgeJuryRequestSBFsSeptemberSets
Previous Post

Grayscale’s Triumph Paves Way For Bitcoin Next Big Thing

Next Post

Bitcoin To $185,000 if Spot ETF Is Approved: Expert

Next Post
Bitcoin To $185,000 if Spot ETF Is Approved: Expert

Bitcoin To $185,000 if Spot ETF Is Approved: Expert

Robinhood Is The 5th Largest Ethereum (ETH) Wallet, Strategic Stashing?

Robinhood Is The 5th Largest Ethereum (ETH) Wallet, Strategic Stashing?

Binance Launches Crypto-to-Bank Payments in Latin America

Binance Launches Crypto-to-Bank Payments in Latin America

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.