Sam Bankman-Fried's lawyers urge his temporary release

Sam Bankman-Fried's lawyers urge his temporary release

Sam Bankman-Fried's legal team is again urging for his temporary release, this time for the duration of his upcoming trial set to begin on October 3.

The Court has already pointed out that it understands the difficulties of preparing a complex case for trial, they said that the limited access to the evidence given to their client is an obstacle to the proper preparation of the trial.

SBF's legal team made numerous requests for their client's release, which were all rejected.

Decrypt has appealed to Bankman-Fried's legal team for comment.

Bankman-Fried's lawyers emphasize the vast amount of evidence they must review with their client, underscoring the need for more time.

In a letter, Bankman-Fried's lawyers note that it was a case against Bankman-Fried.

In addition, they note that a significant portion of this is intricate financial records, adding layers of complexity to the case.

The court's limited consultative time is not an issue, resulting in their concerns about their ability to effectively represent their client during the upcoming trial.

To address this, they have drafted a detailed proposal for Bankman-Fried's release on October 2, a day ahead of the trial, under certain stipulated conditions.

In this proposal, it is specified that Bankman-Fried will spend his time either at his lawyers' office, an approved workspace, or a temporary residence in New York City, which will be overseen by a professional security guard.

After each day's court proceedings, he'll be allowed to meet with his lawyers for essential trial preparations. To further ensure security, a private security guard will meet Bankman-Fried each night at his lawyers' location and will oversee his movements between there, his temporary residence, and the courthouse.

Bankman-Fried will be held away from all electronic devices and online platforms, with no visitors allowed.

According to the proposal, the disgraced cryptocurrency founder will consent to a gag order that will prevent him from speaking to anyone for the duration of the trial except his attorneys, other members of the defense team, his parents, and his brother.