SBF Given Until September 1st to Present Defense in Trial Delay Case, Rules Judge

The post SBF Given Until September 1st to Present Defense in Trial Delay Case, Rules Judge appeared first on Coinpedia Fintech News

As per the recent update on SBF’s lawsuit. The lawyers are at loggerheads on the testimony in Sam Bankman-Fried’s trial. Prosecutors noted misleading, missing info in some of their expert testimonies and would not like them to be part of the case. While DOJ also wants to exclude one of their own witnesses. This is all happening because Bankman-Fried is facing charges related to fraud and conspiracy. Both sides are arguing about whether these witnesses should be allowed to give their testimonies. 

SBF lawyers want to Prolong the Trial, So What Will They Do Next?

As the trial for Sam Bankman-Fried (SBF), the former CEO of FTX, is drawing near, his defense team is grappling with such challenges. However, Judge Lewis Kaplan has set a clear deadline for the defense’s decisions, giving them until September 1st to request a trial postponement. 

Judge Kaplan: I’m not going to rule on this application now. I’d like a joint report Tuesday morning concerning the exact situation at the MDC as of that time. We’ll see. If there’ll be an application for more time by the defense it would best be made by Friday — Inner City Press (@innercitypress) August 30, 2023

Weak Arguments from SBF’s Legal Team May Affect Trial?

Initially, SBF’s defense pursued an aggressive timeline, aiming for swift proceedings. However, they have hinted at needing more time due to difficulties accessing essential evidence. Judge Kaplan emphasized that valid reasons are necessary for any delay. “There’s got to be more meat on those bones,” he noted during an August 30 hearing. 

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