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Home»Legal and Regulatory»Judges deny Sam Bankman-Fried’s appeal for early release
Legal and Regulatory

Judges deny Sam Bankman-Fried’s appeal for early release

September 24, 2023No Comments1 Min Read
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A three-judge panel from the United States Court of Appeals for the Second Circuit has denied a motion for early release for former FTX CEO Sam Bankman-Fried, or SBF.

In a Sept. 21 order, Circuit Judges John Walker Jr., Denny Chin, and William Nardini denied SBF’s motion for early release, which his team argued largely on First Amendment grounds. The ruling said Judge Lewis Kaplan — the judge overseeing SBF’s criminal case — had “correctly determined” that Bankman-Fried’s speech amounted to witness tampering.

“The record shows that the district court thoroughly considered all of the relevant factors, including [Bankman-Fried’s] course of conduct over time that had required the district court to repeatedly tighten the conditions of release,” said the Sept. 21 order. “It also shows that the district court contemplated a less restrictive alternative offered by [SBF] —an order limiting his communications with the press—but reasonably concluded this was not ‘a workable solution longer term.’”

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See also  SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling
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