SBF told to prep his case in jail while another FTX exec pleads guilty
Disgraced former FTX CEO Sam Bankman-Fried has been told that he m US t remain in jail while he prepares for his upcoming trial, reports Reuters. Bankman-Fried saw his $250 million bail revoked last month amid claims that he had sought to interfere with witnesses and influence proceedings. The former billionaire appealed almost immediately with his team arguing that he couldn’t properly prepare his defense due to the “inhumane” and “dangerous” conditions inside the Brooklyn-based Metropolitan Detention Center. Court papers specifically claim that the few hours a day Bankman-Fried has been allotted to review evidence on a laptop are insufficient. They also claim he’s lost valuable preparation time due to him being required to take part in prisoner counts . However, these protests fell on deaf ears when the 2nd US Circuit Court of Appeals made its decision on Wednesday. The court did offer some hope, stating that it would ask the next available three-judge panel to consider Bankma...