According to CoinDesk, the U.S. Federal Prosecutor's Office (DOJ) has submitted an opinion to the court stating that FTX founder Sam Bankman-Fried (SBF)'s request for 'temporary release' should be rejected. The DOJ argues that SBF's claim of 'difficulty preparing a defense' is not compelling enough to warrant temporary release. They assert that SBF's argument about the inconvenience of detention does not outweigh the risks associated with his release. The DOJ also emphasizes that SBF's request for release has been previously rejected by a circuit court of appeals.

SBF's legal team had re-submitted a petition to the court requesting his temporary release. However, based on the DOJ's opinion, it appears that they are pushing for him to remain in detention.

SBF is facing criminal charges related to alleged misappropriation of customer assets, and his trial is scheduled to take place on October 3 (local time). The question of whether he will be released before the trial will depend on the court's decision. 🏛️📆 #FTX #LegalProceedings #SBF