{"id":598608,"date":"2023-11-23T02:25:35","date_gmt":"2023-11-22T23:25:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/appeals-court-rejects-sam-bankman-frieds-bid-for-release\/"},"modified":"2023-11-23T02:25:35","modified_gmt":"2023-11-22T23:25:35","slug":"appeals-court-rejects-sam-bankman-frieds-bid-for-release","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/appeals-court-rejects-sam-bankman-frieds-bid-for-release\/","title":{"rendered":"# Appeals court rejects Sam Bankman-Fried\u2019s bid for release"},"content":{"rendered":"<p itemprop=\"description\" class=\"post__lead\" data-v-8081b7b6> The court cited Sam Bankman-Fried\u2019s alleged witness tampering as the main grounds for rejecting his release bid.  <\/p>\n<p><\/p>\n<div class=\"post-content\" data-v-8081b7b6>FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ellate court that he should be freed while his legal team appeals his conviction.<\/p>\n<p>In a Nov. 21 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.nysd.590940\/gov.uscourts.nysd.590940.348.0.pdf\">mandate<\/a>, the U.S. Court of Appeals for the Second Circuit said Bankman-Fried\u2019s previous attempts to tamper with two witnesses while on pretrial release was a major reason behind rejecting his request.<\/p>\n<p>\u201cWe have reviewed the Defendant-Appellant\u2019s additional arguments and find them unpersuasive,\u201d the court said.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-11\/e679579d-2009-4b34-9e76-f0ed905a6a2d.png\"><figcaption style=\"text-align: center;\"><em>Bankman-Fried\u2019s release motion was rejected by a U.S. appeals court. Source: Courtlistener<\/em><\/figcaption><\/figure>\n<p>Government prosecutors accused Bankman-Fried of leaking Caroline Ellison\u2019s diaries to The New York Times in July, which caused his bail to be revoked by a New York District Court.<\/p>\n<p>Bankman-Fried argued the New York court failed to consider that he was engaged in activity considered freedom of speech protected under the First Amendment. <\/p>\n<p>The appellate court, however, said the New York District Court ruled correctly and that witness tampering \u201cfalls outside the zone of constitutional protection.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The 2nd Circuit has \u2014 rather belatedly \u2014 denied Sam Bankman-Fried&#8217;s appeal of his pretrial detention.<\/p>\n<p>&#8220;The record supports the district court\u2019s conclusion that there was probable cause to believe<br \/>that the Defendant-Appellant attempted to tamper with two witnesses&#8221;.<\/p>\n<p>\u2014 Molly White (@molly0xFFF) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/molly0xFFF\/status\/1727112491568967884?ref_src=twsrc%5Etfw\">November 21, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bankman-Fried\u2019s legal team also argued that the District Court failed to consider a less restrictive alternative to detention. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts <\/em><\/strong><\/p>\n<p>That argument was struck down, with the court stating that the District Court \u201cthoroughly considered\u201d all relevant factors, including Bankman-Fried while he was on pretrial release.<\/p>\n<p>Bankman-Fried was found guilty of seven fraud and money laundering-related charges on Nov. 2.<\/p>\n<p>The former FTX CEO will remain behind bars while he awaits his sentencing on March 28 next year.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><strong><em>Deposit risk: What do crypto exchanges really do with your money?<\/em><\/strong><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/cointelegraph.com\/news\/court-rejects-sam-bankman-fried-release-bid\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The court cited Sam Bankman-Fried\u2019s alleged witness tampering as the main grounds for rejecting his release bid. FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction. In a Nov. 21 mandate, the U.S&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":598609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-11\/00808343-cfbd-4bcf-8b2e-620db14b7088.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,135234,89897,117,71433,71006,70934],"class_list":["post-598608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-ftx","tag-sam-bankman-fried","tag-business","tag-court","tag-fraud","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/598608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=598608"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/598608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/598609"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=598608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=598608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=598608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}