SAM BANKMAN-FRIED TO REMAIN IN PRISON UNTIL PROCEEDINGS FINISH ON MARCH 28

No, no and no ! The response from the court of appeal was quick, simple and clear: it would be no. Sam Bankman-Fried will remain in detention while awaiting the continuation of the procedure, that is to say the hearing which will determine his sentence, scheduled for March 28. Despite the gesticulations of his lawyers who are trying as best they can to do their job, it seems that the American justice system no longer really trusts the former CEO of FTX and that it wishes to have him on hand, or rather under the locks. Mr. Bankman-Fried will spend the end of the year holidays in prison and there are not many people who pity him. We take a quick look at this latest court decision.

REQUESTS FOR RELEASE OF SBF REFUSED

Difficult to say if the defense team of Sam Bankman-Fried really believed it, but in any case the answer is negative. The court said no to the first request for release pending the hearing on March 28.

She also said no to the request for immediate release pending the response to this present request. Yes, this is all a bit convoluted, but basically the lawyers are making requests for release in all directions hoping that the Court will eventually accept one.

But, on this occasion, it will not have worked. Here is the official response from Clerk of Court Catherine O’Hagan Wolfe:

“We have reviewed Defendant Appellant's additional arguments and find them unpersuasive. After careful consideration, it is hereby ordered that the motion for release pending trial be denied. The request for immediate release pending the decision on this appeal is also denied, as moot. »

US JUSTICE DOES NOT TRUST SAM BANKMAN-FRIED

The document indicates in this regard that Sam Bankman-Fried's past behavior is absolutely not compatible with immediate release.