Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail

Appeal Court Punts on Bankman-Fried’s Bid to Secure Release from Jail

An appeals court on Tuesday punted on former FTX CEO Sam Bankman-Fried’s appeal to end his pre-trial detention on federal fraud charges, two weeks before the start of his trial.

A panel of judges from the 2nd U.S. Circuit Court of Appeals said they would take both sides’ arguments “under advisement.

The delay is the latest in a string of disappointments for Bankman-Fried, who has failed to secure the end of his pre-trial detention since landing in prison in early August. His lawyers have argued their client can’t properly prepare his defense from jail. On the other hand, prosecutors argue he poses a threat to witnesses when out

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